BitMine Immersion Technologies Inc. (NYSE:BMNR) on Tuesday dropped 7% despite revealing it now owns 4.203 million Ethereum (CRYPTO: ETH), representing 3.48% of all ETH in existence.

BitMine Now Owns 3.48% Of All Ethereum

BitMine disclosed total crypto and cash holdings of $14.5 billion as of January 19, comprised of 4.203 million ETH at $3,211 per token, 193 Bitcoin (CRYPTO: BTC), $22 million in Eightco Holdings (NASDAQ:ORBS), and $979 million in cash.

The company acquired 35,268 ETH in the past week alone, maintaining aggressive accumulation despite the stock’s 80% collapse from June’s $140 peak.

BitMine now controls 3.48% of Ethereum’s total supply of 120.7 million tokens—nearly…

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The digital asset market is often clouded by a fundamental misunderstanding of the products we use daily. Recently, during a discussion on an X Space hosted by members of a Chinese crypto community, a guest speaker passionately argued that Tether (CRYPTO: USDT) holders are entitled to a share of the interest generated by Tether Limited’s massive reserves. This sentiment is growing, fueled by a desire for passive income in a volatile market. However, this perspective represents a dangerous conflation of financial concepts. We must be clear: 1 USDT is equivalent to $1 USD in terms of purchasing power within the ecosystem, but it is fundamentally not the same as holding a US dollar in a…

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Crypto ETFs are shifting from fringe alternatives to mainstream tools for expressing growth and innovation themes, placing them alongside technology and other high‑beta sectors, according to Roxanna Islam, Head of Sector and Industry Research at VettaFi.

“Many investors are treating crypto like a sector allocation to express growth and innovation as a theme, rather than as an alternative investment,” Islam said in an interview with Benzinga, adding that crypto’s distinct volatility profile still keeps it “in a category of its own” for many portfolios.

Within the thematic landscape, spot crypto ETFs currently align most closely with high-beta growth strategies, while crypto equity ETF,…

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Strategy Inc. (NASDAQ:MSTR) disclosed it sold $2.1 billion worth of stock between January 12-19 and converted it straight into 22,305 Bitcoin (CRYPTO: BTC), validating chairman Michael Saylor’s ‘Bigger Orange’ teaser.

The Buy Details Show Aggressive Execution

Strategy Inc. announced the purchase on Monday, at an average price was $95,284 per Bitcoin—notably higher than the company’s historical average and about 25% above its overall cost basis.

That premium signals Strategy is willing to buy Bitcoin at elevated prices rather than wait for dips, continuing the strategy that’s defined the company since 2020.

Strategy Now Holds 709,715 BTC

As of January 19, Strategy’s total Bitcoin…

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Ethereum (CRYPTO: ETH) is up 4% over the past month, showing resilience where many other altcoins show weakness.

CryptocurrencyTickerPriceMarket Cap7-Day TrendEthereum(CRYPTO: ETH)$3,105.39$374.8 billion-0.9%Bitcoin(CRYPTO: BTC)$91,091.07$1.81 trillion-1.02%XRP(CRYPTO: XRP)$1.93$117.5 billion-6.2%

Trader Notes: Crypto analyst Ali Martinez noted that Ethereum has been stuck in a $2,600–$3,400 range for more than two months, but early signs of a breakout are forming.

On-chain activity has strengthened, with daily active addresses doubling over the past two weeks to more than 800,000.

ETF demand has also increased, with roughly 158,545 ETH, worth about $520 million, accumulated since Dec….

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