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Bitmine Surges in Ether Buying | Bitcoin and Crypto News
Description
Bitmine just went all-in on Ethereum, snapping up 42,000 ETH in one week — a massive jump from last week’s 27,000 ETH — fueled by bullish bets on U.S. crypto regulation, especially the Clarity Act. With a war chest of $11.1 billion including 200+ BTC, $500M in cash, and staked ETH generating $8.5B in passive income, Bitmine isn’t just buying — they’re building a crypto empire. Meanwhile, as rivals like Strategy offload Bitcoin, Ethereum’s outperformance is gaining steam — and Bitmine’s betting the whole house on regulatory clarity as the next big catalyst.
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