Bitmine Immersion shares rose 13.5% after the company expanded its Ethereum treasury strategy 💸
The company acquired 9,946 ETH, bringing its total holdings to nearly 5.8 million units 💰
Bitmine expects Ethereum to reach between $2,000 and $2,500 in the near term, according to its advisor 🎯
Investor optimism was also supported by expectations that the U.S. Senate could pass the Clarity Act soon.
The company continued its $4 billion share buyback program to support shareholder value.
Bitmine repurchased 6.1 million shares last week, up from 5.5 million the week before 📊
Institutional interest also increased, with more hedge funds adding positions during the first quarter 🤝
Today's Pill - companies are increasingly combining crypto treasury strategies with shareholder-focused initiatives as institutional interest in digital assets continues to grow 🔄
The company acquired 9,946 ETH, bringing its total holdings to nearly 5.8 million units 💰
Bitmine expects Ethereum to reach between $2,000 and $2,500 in the near term, according to its advisor 🎯
Investor optimism was also supported by expectations that the U.S. Senate could pass the Clarity Act soon.
The company continued its $4 billion share buyback program to support shareholder value.
Bitmine repurchased 6.1 million shares last week, up from 5.5 million the week before 📊
Institutional interest also increased, with more hedge funds adding positions during the first quarter 🤝
Today's Pill - companies are increasingly combining crypto treasury strategies with shareholder-focused initiatives as institutional interest in digital assets continues to grow 🔄