BitMine’s ETH Hoard: Bullish or Just Plain Nuts? 🤷♂️💰

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So, here’s the deal. Every bull run has its “hero,” right? Q3 2025? Ethereum [ETH] decided to flex, hitting $4,900. Why? DATs, baby. Digital Asset Treasuries. Sounds fancy, huh? Institutional demand went through the roof, like my cholesterol after a bagel binge. ETH rallied 66.76%. Not too shabby. 🤑

Enter BitMine (BMNR), the self-proclaimed “Ethereum Whisperer.” Their CoinGecko history? 11 ETH transactions in Q3. That’s like me buying 11 coffees in a day-except this added up to 2.44 million ETH. Yeah, you read that right. From 163k in July to 2.6 million by September. A 1,495% jump. My 401k wishes it had that kind of mojo. 📈

Result? BMNR’s stock went 🚀-45% up in Q3. Market confidence? Through the roof. More bullish than me at a free buffet. But here’s the kicker: Q4 rolled in, and BMNR kept hoarding. Nine more transactions, 900k ETH added. Treasury’s at 3.7 million now. But ETH? Down 26%. Even Bitcoin’s only down 21%. What gives? 🤔

BitMine’s $11 billion ETH stake? Down 3.85%. Ouch. Is the DAT hype fading faster than my New Year’s resolutions? Maybe. But hey, BMNR’s still betting big. Are they geniuses or just stubborn? Only time will tell. ⏳

Final Thoughts (Because I Have to Wrap This Up)

  • Q3 2025: BMNR added 2.44 million ETH (1,495% increase), ETH hit $4,900. Bullish AF. 🐂
  • Q4: BMNR added 900k ETH (+33%), but ETH’s down 26%. Is the magic gone? 🧙♂️✨

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2025-12-08 02:17