BitMine tanks 27% despite touting ETH’s implied value at $60K
David Grider, a partner at venture capital firm Finality Capital, said he thinks the Ether treasury company boom should bode well for the long-term price and inflows of the token.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
David Grider, a partner at venture capital firm Finality Capital, said he thinks the Ether treasury company boom should bode well for the long-term price and inflows of the token.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Solana treasury firm cuts shares 700-for-1 but leaves room for nearly 100 billion more
Solana treasury company SOLAI Limited (formerly BIT Mining) said shareholders approved a capital reset that leaves it with 100 bil...
Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses
Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked...
Ripple Lands 3rd Korea Deal, Jeonbuk Bank Brings 24/7 Crypto Payments to Firms
Key Takeaways: Jeonbuk Bank is the first regional bank in Korea to use Ripple Payments. The service allows cross-border settlement...
MSTR has lost 75% of its value since STRC began trading
Bitcoin treasury company Strategy diluted shareholders of MSTR, the company’s common stock, by $333.7 million last week and bought...
Strategy aims to stabilize STRC stock at $100 par value by year-end
Stabilizing STRC stock at $100 could enhance investor confidence, support capital-raising efforts, and influence Bitcoin financing...
Russia limits crypto to 25% in exchanges’ capital calculations
Russia's crypto cap could stabilize financial markets by limiting volatility exposure, but firms must adapt quickly to new complia...