Ethereum Price & ETH Treasury Stocks Recover, Here’s Why
The post Ethereum Price & ETH Treasury Stocks Recover, Here’s Why appeared on BitcoinEthereumNews.com. In the major Ethereum news today, companies with ETH treasury stocks recovered after many companies announced their latest ETH purchase and plans. This triggered a 4% v-shape recovery in Ethereum price to $3,74, especially after Bitmine Immersion Technologies’ ETH holdings exceeded $2 billion. ETH Treasury Stocks Jump Massive bullish sentiment was recorded in the stocks of Ethereum treasury companies on July 24. It caused stocks to rebound from the selloff earlier this week. Ethereum Treasury Companies’ Stocks | Source: Google Finance Bitmine Immersion Technologies (BMNR) became the largest corporate holder of ETH. Stock price jumped over 10% to $43.74. It was still down 6.87% in a week despite the latest recovery on Thursday. Fundstrat Tom Lee appreciated the team on reaching the $2 billion ETH club after just 16 days of closing private investment. Recently, PayPal co-founder Peter Thiel revealed 9.1% ownership in Bitmine Immersion Technologies. Ethereum co-founder Joseph Lubin-backed SharpLink Gaming (SBET) stock price also climbed more than 5% higher to $27.24. SBET stock price dropped more than 29% in a week. The company planned to hold 1 million ETH and claimed to continue buying and staking ETH, creating value for its shareholders. SharpLink Gaming Road to 1M ETH | Source: X GameSquare Holdings (GAME) stock price jumped nearly 9% to $1.38 on Thursday. It was still 22% down in a week due to profit booking as the stock rallied more than 200% in a month. Crypto mining company BTCS stock price jumped nearly 2% to $6. At press time, the stock was trading with much higher trading volume. BTC Digital (BTCT) stock price climbed 3% to $3.16. However, the stock price was still down 10% in the last 5 days. $437.7 million ETH treasury company Bit Digital (BTBT) saw its stock price climbed slightly by 0.57% to $3.38.…
The post Ethereum Price & ETH Treasury Stocks Recover, Here’s Why appeared on BitcoinEthereumNews.com.
In the major Ethereum news today, companies with ETH treasury stocks recovered after many companies announced their latest ETH purchase and plans. This triggered a 4% v-shape recovery in Ethereum price to $3,74, especially after Bitmine Immersion Technologies’ ETH holdings exceeded $2 billion. ETH Treasury Stocks Jump Massive bullish sentiment was recorded in the stocks of Ethereum treasury companies on July 24. It caused stocks to rebound from the selloff earlier this week. Ethereum Treasury Companies’ Stocks | Source: Google Finance Bitmine Immersion Technologies (BMNR) became the largest corporate holder of ETH. Stock price jumped over 10% to $43.74. It was still down 6.87% in a week despite the latest recovery on Thursday. Fundstrat Tom Lee appreciated the team on reaching the $2 billion ETH club after just 16 days of closing private investment. Recently, PayPal co-founder Peter Thiel revealed 9.1% ownership in Bitmine Immersion Technologies. Ethereum co-founder Joseph Lubin-backed SharpLink Gaming (SBET) stock price also climbed more than 5% higher to $27.24. SBET stock price dropped more than 29% in a week. The company planned to hold 1 million ETH and claimed to continue buying and staking ETH, creating value for its shareholders. SharpLink Gaming Road to 1M ETH | Source: X GameSquare Holdings (GAME) stock price jumped nearly 9% to $1.38 on Thursday. It was still 22% down in a week due to profit booking as the stock rallied more than 200% in a month. Crypto mining company BTCS stock price jumped nearly 2% to $6. At press time, the stock was trading with much higher trading volume. BTC Digital (BTCT) stock price climbed 3% to $3.16. However, the stock price was still down 10% in the last 5 days. $437.7 million ETH treasury company Bit Digital (BTBT) saw its stock price climbed slightly by 0.57% to $3.38.…
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