Cryptocurrency as a store of value
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Bitmine Surpasses $10.7 Billion in Assets
Yahoo Finance· 2026-03-30 17:12
Bitmine Surpasses $10.7 Billion in Assets Bitmine Immersion Technologies (NYSE: $BMNR) said Monday its total assets hit a massive $10.7 billion in crypto, cash, and "moonshot" investments. As of March 29, Bitmine reportedly holds a staggering 4,732,082 ETH, nearly 4% of the global supply. Is Crypto a "War-Time" Asset? Chairman of Bitmine, Thomas Lee noted that during the fifth week of the Iran conflict, ETH (CRYPTO: $ETH) outperformed equities by 1,160 basis points, while gold lagged by 750. Bitmine has a ...
Why Is Ethereum Foundation Selling ETH? Samson Mow Slams ETH as 'Not Money' While Concerns Grow
Yahoo Finance· 2026-03-19 10:50
Key Takeaways Ethereum Foundation sales are strategic, it says. Samson Mow’s remarks underscore ongoing tensions between Bitcoin and Ethereum. Vitalik Buterin and EF’s sales risk hurting investor confidence. The Ethereum Foundation’s (EF) latest ETH sale has reignited debate over the crypto’s role as a store of value. The non-profit confirmed it sold 5,000 ETH at an average price of $2,042.96 via an over-the-counter (OTC) transaction on March 14, drawing criticism from prominent Bitcoin advocate ...