A portion for a $ 24.5 billion collection, Sharplink complements $ 389 million, selling shares

The ether acquisition race for companies is accelerating as the world’s largest automatic treasury company that collects capital to gain more the second largest encrypted currency in the world, which approaches its highest previous levels ever.

Bitcoin General (BTC(Mining BitMine Mysersion technology is to raise 24.5 billion dollars by selling new markets on the market (ATM) to gain more ether (Eth) Codes, according to the Tuesday Committee for Securities and the Stock Exchange presentation.

BitMine’s offer comes on the same day as Corporaate Crypto Treasury Sharplink She completed the 389 million dollar capital increase from the ordinary shares sold to the chosen institutional investors, according to another second article. presentation. “We intend to contribute greatly to all the monetary returns we receive to get ETH,” the file said.

Sharplink said that part of the net net returns amounting to $ 389 million will also be used in “working capital needs, public companies’ purposes, operating expenses and basic dependent marketing operations.”

Sharplink raised about $ 1.4 billion of total revenue so far from more than 71.5 million shares sold, and deposit offers.

BitMine is the largest company in the world of ETHER with a value of 1.2 billion ETH $ 5 billion on its books, followed by Sharplink with 598,000 ether with a value of $ 2.64 billion, Data From strategic offers.

BitMine previously announced plans to get up to 5 % of ETHER supplies.

Related to: Crypto Crypto Treasurs Holdings is $ 100 billion, as the ether purchase is accelerated

Al -Atheer is close to a rise at all amid the increasing adoption of companies

Companies and companies that are increasingly traded in the interests of the secondary cabinet reserve, which witnessed the price of the ether increased more than 21 % during the past week, to trade at $ 4,408 at the time of writing this report.

ETHER is now traded by 9 % less than its highest level ever at 4,890 registered in November 2021, as CointeGraph data appears.

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“The Wall Street and the broader Tadfi world bore the idea of Ethereum as a cabinet reserves,” said Grace Chen, CEO of Crypto Exchange, for Cointelegraph.

Chen added that the increasing interest in the real world asset symbol has sparked renewed interest in the ether as a secondary reserve origin next to Bitcoin.

This dynamic may see the treasury companies that focus on Ethereum 10 % of the total ether Long -term supply, up from only 1 % on July 29, Standard Chartard predicts.

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