Dottee provides $ 182 million from ARK Invest to buy ETAREUM star-news.press/wp

BitMine got a large capital from ARK Invest, who received $ 182 million in multiple ARK boxes.

According to July 22 statementThe deal included 4.77 million shares purchased through a bloc trade linked to the continuous BitMine program on the market. The company stated that it plans to publish 100 % of the net net revenue of $ 177 million to buy ETHEREUM (ETH).

The expansion of this step displays the Ark Invest to the original coded shares, which are in line with the investments of the former CEO of Cathy Wood in Bitcoin (BTC), artificial intelligence, and Blockchain infrastructure companies. The BitMine President, Tom Lee of Fundstrat, described Wood as a long -term accumulation of the ETH accumulation thesis.

He also performed comparisons with the early Ark in Tesla and the USDC, which weakens the investment as part of a long -term “Ashereum” of “Asherum”.

Over the past two months, Ethereum Pivot accelerate BitMine. The company raised $ 250 million in late June through a special position led by Mozayyx and Founders Fund, Pantera, Kaken, Galaxy Digital and Falconx. The capital, which was a basis for the updated cabinet strategy in a point, was completely dedicated to the purchase and regeneration of ETHEREUM.

As of July 23, a point image has about 300,000 ETH, and places it in second place among ETH holders in the world, according to Data From the strategic eth reserves. In total, 58 public companies now have about 1.87 million souls worth $ 6.9 billion.

BitMine and Sharplink Gaming exceeded the Ethereum Foundation to become the largest known holder, indicating the rapid rise in the companies that focus on ETH.

BitMine’s declared goal is to use capital markets, return office, operate cash flows to accumulate and take 5 % of the entire ETHEREUM supplies, or about 6 million ETH. Although the company is still achieving revenues from mining operations in the Treenidad and Energy -saving areas, ETH is now the basic pillar of its long -term strategy.

BitMine is betting on the ETHEREUM foundation in the future of financing, especially its role in operating smart contracts, stablecoins, and decentralized financial applications. One of the main factors that pay the demand for ETH, according to the company, is the prediction of US Treasury Secretary Scott Besand that the Stablecoin market may reach $ 2 trillion by 2028.