Whalesbook
Asal mein, company ne pichhle ek hafte mein hi 101,901 ETH khareede hain, jinki value ~$234 Million hai. Iske baad Bitmine ab Ethereum ke sabse bade corporate holders mein se ek ban gayi hai, bilkul MicroStrategy ki tarah jo Bitcoin ke liye yehi strategy use karti hai. Ab unke paas >5 Million ETH hain, jo overall supply ka lagbhag 4.21% banta hai. Yeh lagatar aur aggressive buying isliye bhi khaas hai kyunki baaki institutions ne recent price drops ke time buying kam kar di thi.
Company apni is strategy ko equity issue karke fund karti hai, jaise MicroStrategy karti hai. Unki Ethereum holdings ka lagbhag 73% stake kiya hua hai, jisse saalana $264 Million tak ki yield revenue milne ka anuman hai.
Bhale hi saal ki shuruaat mein unhe ~$8 Billion tak ka unrealized loss face karna pada tha, company ne apni buying nahi roki. Is resilience ka fayda dikh raha hai, kyunki Ether February ke lows se 22% upar aa chuka hai. Early April tak, Bitmine ke total crypto aur cash holdings $13.3 Billion tak pahunch gaye the.
MicroStrategy ka market cap ~$59 Billion hai aur woh sirf Bitcoin par focus karte hain, jabki Bitmine ka market cap ~$11-12 Billion hai. Dono hi companies current profits se zyada apne treasury strategy ko priority de rahi hain. Bitmine ka net loss pichhle saal $8.67 Billion se zyada tha, par unke paas cash ~$880 Million hai.
Wahi, Ether ko spot ETFs se bhi support mil raha hai, jisme $155 Million tak ka net inflow hua tha. Lekin Ether price mein volatility Bitcoin se zyada dikh rahi hai.
Is strategy mein risks bhi hain; bade unrealized losses aur net income mein sharp drop chal raha hai. Aur ek badi baat yeh hai ki Bitmine Immersion Technologies ne April 16, 2026 ko NYSE American se apni common stock listing withdraw kar li hai, jo investors ke liye caution ka signal ho sakta hai.
Fundstrat ke Tom Lee, jo Bitmine ke chairman hain, public mein ETH ke liye $250,000 jaise bade targets dete hain, par unki firm ki internal reports mein $1,800 se $2,000 tak ke drop ka bhi mention hai. Yeh public aur private advice mein difference dikhata hai.
Lambe samay mein, agar Bitmine ka Ethereum par trust bana raha aur network utility maintain rahi, toh yeh ek important institutional investor ban sakti hai. Lee ka 2030 tak $62,500 ka target, Ethereum ke finance aur AI infrastructure mein use hone par depend karta hai. Par filhaal ETH ko immediate barriers aur market ki volatility se deal karna hoga.