Bitcoins - about to hit $5,000 per coin today!

[obsidian]

ETH's ETF inflows have been decent. $533.0 million today vs BTC's -$68 million. BlackRock's fund is now at $8.583.2 billion and Fidelity at $2.131 billion.

https://farside.co.uk/eth/
https://farside.co.uk/btc/

[Griffith]

Skycorp announces strategic reserve of Ethereum

Skycorp Solar Group, a solar energy company listed on NASDAQ, will participate in the reserve of Ethereum (ETH).

According to GlobeNewswire on the 22nd (local time), Skycorp announced in a press release that it plans to start a strategic reserve of Ethereum using a portion of its cash holdings and returns from renewable energy investments.

In addition, the company plans to adopt cryptocurrencies such as Bitcoin (BTC), Ethereum, USDC, and Tether (USDT) as payment methods for international transactions.

https://bloomingbit.io/en/feed/news/93343

[Griffith]

Strategic ETH Reserve up over $2 billion in 4 days.

Now at $8.62 billion

https://www.strategicethreserve.xyz/

[Griffith]

Bitmine Plans To Invest Over $2 Billion In Ethereum with Stock Sale

Bitmine plans to increase its Ethereum holdings from $2 billion to $4.5 billion through a stock sale.

Bitwise predicts $20 billion in institutional ETH investment over the next year, and Bitmine would represent over one-fifth of this.

Bitmine was initially a Bitcoin mining firm, but this industry has become less profitable in recent months.

https://beincrypto.com/bitmine-ethereum-investment-cantor-fitzgerald/

[obsidian]

Bitmine Plans To Invest Over $2 Billion In Ethereum with Stock Sale

Bitmine plans to increase its Ethereum holdings from $2 billion to $4.5 billion through a stock sale.

Bitwise predicts $20 billion in institutional ETH investment over the next year, and Bitmine would represent over one-fifth of this.

Bitmine was initially a Bitcoin mining firm, but this industry has become less profitable in recent months.

https://beincrypto.com/bitmine-ethereum-investment-cantor-fitzgerald/

Sam Tabar is the CEO of BitDigital, and they mined BTC for years. They are still mining but have pivoted toward ETH. They said they will continue mining BTC until it is no longer profitable, at which point they'll shut down the machines—after which they’ll essentially become paperweights. He had a meeting with Michael Saylor who told him BTC mining is a shit business and that he should just buy BTC instead. He told Saylor he agreed with him, but that he will buy ETH instead. Saylor gave him a dirty look and the meeting went south after that. 

He talks about it in this video.