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Posted: 2025-07-01 14:17:22 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-07-01 14:17:57 UTC
Verified By
Rollup News
Tom Lee, now Chairman at Bitmain, is leading a strategy to accumulate Ethereum as a key treasury asset, with Bitmain planning to purchase approximately 100,000 ETH after a 350 billion KRW funding round closes on July 3rd. This follows a trend of companies like Sharplink, which holds 180,000 ETH, adopting Ethereum as a strategic asset, despite its current price struggles due to market competition and significant short selling.
Bitmain's strategic accumulation of Ethereum.
Growing trend of companies adopting Ethereum as a treasury asset.
Ethereum's price struggles due to competition and short selling.
Ethereum's price decline due to competition and high short selling volume.
Market skepticism and potential price manipulation by large entities.