BITMINE DOUBLES ETH HOLDINGS TO $2B, LEADS CORPORATE TREASURY RACE

Summary from the TLDR Crypto newsletter

BitMine Immersion now has more than 566,000 ETH (~$2.04B), making it the largest publicly traded Ethereum treasury holder. Backed by Peter Thiel's Founders Fund and Ark Invest, the firm's aggressive accumulation, aiming to control 5% of total supply, added ~$1B in ETH in just 10 days. This move escalates the corporate ETH arms race, outpacing SharpLink and fueling projections of a $20B institutional wave into Ethereum via treasuries and ETFs.