09:39
BitMine's daily trading volume reaches 1.6 billion USD, ranking 50th in the United States, just behind MasterCard.
BitMine disclosed that it holds approximately 3.63 million ETH, becoming one of the largest Ethereum treasuries in history. However, the average bid price it announced was $2,840 per coin, which immediately raised doubts among analysts who believe there is a logical flaw in this figure.
This disclosure is significant because BitMine is moving towards its long-standing goal of acquiring 5% of all Ethereum, a target that Fundstrat refers to as "5% alchemy."

