BitMine has made a substantial investment by purchasing $89 million in Ethereum, and this strategic move highlights the growing competition among companies to build robust cryptocurrency treasuries. Here’s an in-depth look at the motivations driving this intensifying race to accumulate significant digital assets and what it could mean for the future of cryptocurrency investment strategies and market dynamics.
source: https://blocknews.com/bitmine-buys-89m-in-ethereum-here-is-why-this-crypto-treasury-race-is-escalating/