What BitMine’s 4M ETH holdings mean for its stock valuation

BitMine’s growing Ether holdings are reshaping how investors assess the company’s balance sheet, risk exposure and equity valuation.

Large market participants are steadily reducing exposure, creating sustained selling pressure across Bitcoin, Ether and XRP.

Global macro tightening, including Bank of Japan rate-hike expectations and muted reactions to Fed cuts, is weighing on risk appetite.

Buyer demand is weakening, with slower treasury accumulation and fewer aggressive dip buyers than in past cycles.

Read more

Source Link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.