BITPRISMIA
Bitmine Immersion has set a new $20 billion funding target specifically for acquiring Ethereum (ETH), marking a significant shift in corporate digital asset strategy.
BitMine Immersion holds the largest corporate Ethereum treasury with over 1.15 million ETH, valued at approximately $4.96 billion, highlighting a strategic move in the crypto market.
Harvard University disclosed a $116 million investment in BlackRock’s iShares Bitcoin Trust (IBIT) as of June 30, 2025, marking one of the largest known bitcoin allocations by a U.S. university endowment.
BitMine Immersion, a Nasdaq-listed Bitcoin mining firm, holds over 833,000 ETH worth $2.9 billion, signaling a strategic pivot towards multi-asset diversification and growing institutional confidence in Ethereum.
The U.S. Commodity Futures Trading Commission (CFTC) is launching a 'crypto sprint' and 'Project Crypto' to provide regulatory clarity and foster innovation in the digital asset market, aiming to establish the U.S. as a global crypto hub.
Two UC Berkeley dropouts founded Conversion, an AI marketing automation startup, which secured $28 million in Series A funding, demonstrating strong product-market fit and rapid growth in the competitive Marketing AI field.
Analyst PlanB predicts a prolonged Bitcoin bull run based on the current high Relative Strength Index (RSI), which historically indicates sustained overbought conditions during major bull cycles.
ARK Invest has acquired 4.4 million shares in BitMine Immersion, a company with significant Ethereum holdings, signaling institutional interest in Ethereum's growth potential, while also selling $90.58 million in Coinbase shares.
Ethereum's strategic reserves have surged to $6 billion as institutions shift capital from Bitcoin to Ethereum, driven by ETH's real-world utility and increased institutional confidence.
Institutional buying has driven Bitcoin to new all-time highs, with significant accumulation by corporate treasuries and Bitcoin ETFs, and analysts predict further price increases.