The Institutional Logic Behind BitMine's Ethereum Strategy
BitMine's strategy isn't limited to just buying crypto; the company positions Ethereum as an institutional treasury asset. The key components of the company's ETH strategy are:
1) Long-Term Accumulation
The company accelerated its Ethereum accumulation by increasing its weekly purchases. While the average purchase volume was 45,000–50,000 ETH in previous weeks, this figure exceeded 60,000 ETH in the last week.
2) Staking Revenue
Approximately 3.04 million of BitMine's ETH is used for staking. Thanks to these staking activities, the company is estimated to generate:
approximately $174 million in annual staking revenue,
and this could reach up to $259 million when all assets are staked.
3) Infrastructure Plan in the Ethereum Ecosystem
The company also aims to launch its validator infrastructure called "Made in America Validator Network (MAVAN)" in 2026.
#BitMineAddsOver60KETHLastWeek

#OilPricesPullBack
The US military announced it struck Iranian naval vessels believed to be laying mines near the Strait of Hormuz. Some reports indicate that between 10 and 16 Iranian mine-laying vessels were destroyed. The US military conducted an operation targeting Iranian naval elements suspected of laying mines near the Strait of Hormuz. US Central Command (CENTCOM) stated that 16 Iranian naval vessels capable of laying mines were destroyed in the strikes.
The operation was reportedly carried out based on intelligence indicating that Iran was preparing to lay naval mines in the Strait of Hormuz, a critical waterway for global oil trade. The US administration emphasized that military measures against attempts threatening freedom of navigation in the region may continue.
The Strait of Hormuz is considered a strategic waterway through which approximately 20% of global oil shipments pass, and rising tensions in the region are closely monitored for their impact on energy markets and global security.