Selloff in bitcoin and ether is tanking shares of crypto‑treasury companies like strategy and bitmine Strategy (mstr), by contrast, has long been the flagship for bitcoin treasury strategies Strategy's valuation is down from ~$128b in july to ~$70b
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Despite the downturn, institutional confidence remains strong as corporate giants bitmine immersion technologies and strategy (formerly microstrategy) seize the dip to expand their crypto.
Why is this announcement significant
It’s bitmine’s goal to accumulate 5% of ethereum’s total supply, positioning the.