BitMine Buys 190K ETH, Aims for 5% of Total Supply
**BitMine Buys Big: 190,500 ETH in One Week, Aims for 5% of Total Ethereum Supply**
BitMine, a major crypto investment company, just made a massive move by buying 190,500 Ethereum (ETH) in only one week. This purchase pushed their total ETH holdings to over 1.7 million tokens — currently worth around $7.59 billion at Ethereum’s price of $4,400 per coin.
With this latest buy, BitMine’s total crypto and cash assets jumped from $6.6 billion to $8.8 billion. Even after this aggressive spending spree, the company still has $562 million ready for more investments.
BitMine’s chairman, Tom Lee, said this is the second week in a row that they’ve raised huge funds from institutional investors. He confirmed that the company is working toward a bold goal: owning 5% of all ETH in existence. Lee believes Ethereum is one of the biggest investment opportunities over the next 10–15 years, especially as blockchain tech merges with traditional finance and AI startups.
**Ethereum’s Momentum Could Spark Altcoin Rally**
As BitMine continues loading up on ETH, it’s driving momentum across the Ethereum ecosystem. Institutional buying like this helps boost confidence in the crypto market — and that could lead to price rallies in other Ethereum-based tokens.
One altcoin that’s catching early attention is Maxi Doge ($MAXI), a meme coin that has already raised over $1.5 million just weeks after launching its presale. With this kind of traction, analysts believe it has strong potential for a 10x return after launch.
**Why Ethereum Is Leading the Crypto Revolution**
Ethereum isn’t just a popular altcoin — it’s the foundation for most new technology in crypto. From DeFi to NFTs and smart contracts, many major innovations are built on Ethereum.
BitMine’s aggressive buying strategy is similar to what MicroStrategy has done with Bitcoin. MicroStrategy, led by Michael Saylor, now owns over 632,000 BTC valued at around $70 billion. They buy using over-the-counter (OTC) trades to avoid pumping the price directly — but their actions still influence investor sentiment and long-term value.
BitMine is following the same playbook with ETH. According to CoinGecko data, they now hold more Ethereum than any other public company — topping a list of 11 major institutions.
After BitMine’s latest purchases, its stock (BMNR) jumped 12% last Friday. That price jump helped raise even more capital to keep fueling their Ethereum strategy.
**Meme Coins Gaining Steam: Maxi Doge ($MAXI) Gets Noticed**
While institutions focus on big assets like ETH and BTC, retail investors are turning to meme coins for high-risk, high-reward plays. Maxi Doge ($MAXI) is one of the latest tokens grabbing attention with its bold branding and aggressive strategy.
Described as Dogecoin’s wild and fearless cousin, Maxi Doge promotes a no-limits trading style — think 1000x leverage, no stop losses, and all-in risk. It’s attracting a growing community of risk-tolerant traders looking for fast profits.
Since launching on July 29, Maxi Doge has raised more than $1.5 million during its presale phase. Thousands of investors are getting in early, betting on its viral meme appeal and potential for explosive growth.
You can still join the presale at a price of $0.000254 per token using any Ethereum wallet.
**Could MAXI Be the Next Dogecoin?**
Meme coins have surprised the market before. Dogecoin ($DOGE) went from being a joke to reaching billions in market cap. Other meme coins like $WIF have also shown massive gains — some even over 1 million percent.
If MAXI reaches even just Dogecoin’s current market price, early investors could see an 80,000% return from its presale price. These kinds of returns may sound crazy — but they’ve happened before in the world of meme coins.
**Watch the Market: Alt Season May Be Coming Soon**
Right now, Bitcoin is hovering below $110K, while Ethereum holds strong around $4,400. That stability suggests investors are preparing for the next big altcoin rally.
And with U.S. policy changes like Trump’s GENIUS Act starting to roll out, it could set the stage for even more growth in the crypto space.
Keep an eye on Ethereum, follow BitMine’s moves, and don’t sleep on meme coins like Maxi Doge. The next bull run might be closer than you think.
**Reminder:** This isn’t financial advice. Always do your own research before investing. Crypto — especially meme coins — is volatile and unpredictable.
The Rise of At-Home Entertainment and Tech Trends
The way we spend our free time has changed a lot in recent years. Going out to watch a movie or hang out at a bar isn’t the default choice anymore. Instead, more people are choosing to stay home—and not just because it’s convenient. Thanks to new tech, online platforms, and changing habits, staying in now feels fun, social, and easy.
One of the biggest game-changers is streaming. Platforms like Netflix, Amazon Prime Video, and Disney+ make it simple to watch movies and TV shows without waiting or dealing with crowds. You just pick what you want and press play. No lines, no late fees—just entertainment on demand. Cable TV is slowly fading as more people switch to streaming.
Streaming isn’t just for watching alone anymore. With tools like Netflix Party and Teleparty, you can watch shows with friends in different places at the same time. Everyone’s screen stays in sync, and there’s even a chat box to talk about what’s happening. It’s like having a movie night together—without leaving your couch.
Gaming has also come a long way. Online games are more popular than ever, and now people are getting into online betting using cryptocurrency. Sites that accept Bitcoin or Ethereum are secure, private, and easy to use. Blockchain tech helps keep things fair and transparent, so you can focus on the fun without worrying about scams or payment delays.
Using crypto makes things faster and smoother. You don’t have to wait for banks or fill out a bunch of forms. Your info stays private, and transactions happen quickly. More gamers are noticing the benefits and giving it a try.
As crypto becomes more common, expect more entertainment platforms to support it. Today, you can explore massive game worlds, place bets online, and manage digital items—all from your phone or computer. Gaming, money, and fun are blending in exciting new ways.
Another big change is how gaming has moved from arcades into our homes. Consoles like PlayStation, Xbox, and Nintendo Switch offer stunning graphics and huge game libraries. With fast internet, you can download games instantly and play with others online. Mobile gaming has made it even easier to play anytime—whether it’s during a lunch break or while riding the bus.
Multiplayer games connect players from around the world. You can team up with friends or strangers, talk strategy during matches, and build online friendships. Playing solo doesn’t mean being alone anymore—games now come with built-in communities.
Live entertainment has also gone digital. Concerts, theater shows, and festivals are now streamed online through platforms like YouTube, Facebook Live, and Twitch. You can enjoy live performances without leaving your house—no travel or expensive tickets needed.
This became especially popular during the lockdowns, but even now, artists continue to perform online for fans everywhere. These virtual events show that you don’t have to miss out just because you’re staying in.
Online shopping is another big part of at-home entertainment culture. You can buy anything from groceries to gadgets with a few clicks. Want a new video game, book, or movie? It’ll be at your door in no time. eCommerce makes it easy to plan cozy nights in without stepping outside.
Many people now build their entire evening plans around online orders—snacks, drinks, games—all delivered fast. This lifestyle is only growing as delivery services improve.
Looking ahead, staying in will likely become even more immersive thanks to virtual reality (VR) and augmented reality (AR). Imagine turning your living room into a concert hall or a video game battlefield. These technologies are pushing home entertainment to the next level.
Artificial intelligence (AI) is also getting better at learning what you like and suggesting shows, games, and music you’ll enjoy. With AI-driven recommendations, VR experiences, and digital convenience all working together, staying home might soon feel better than going out.
In short, how we entertain ourselves is changing fast. Technology is making home life more fun, more social, and more personalized than ever before—and it looks like this trend is here to stay.
Markets Dip as Rate Cut Hopes Cool, Eyes on Inflation Data
Stocks slipped slightly and bond yields climbed as hopes for quick interest rate cuts from the Federal Reserve cooled down. The excitement that had been driving markets toward record highs lost momentum, with investors now turning their attention to a key inflation report due later this week.
Federal Reserve Chair Jerome Powell suggested on Friday that the central bank might be ready to cut rates as early as September, especially with signs of a weakening job market. However, Wall Street remains unsure about how fast or aggressive those rate cuts will be. Fed officials are still divided, and traders are bracing for a possibly hot inflation number this Friday.
The Fed’s preferred inflation measure — the core personal consumption expenditures (PCE) index, which excludes food and energy prices — likely increased by 2.9% in July compared to a year ago. If confirmed, this would mark the highest annual rate in five months, showing that inflation is still a concern even as jobs data weakens.
“Powell gave the market a boost with his comments, but now the focus is shifting to how far and how fast the Fed might actually go with rate cuts,” said Chris Larkin of E*Trade. He added that slowing job growth seems to be a bigger worry than inflation right now, but the Fed is still aiming for its 2% inflation goal.
Markets reacted cautiously. The S&P 500 dipped 0.2%, while 10-year Treasury yields rose three basis points to 4.28%. The Bloomberg Dollar Spot Index remained stable, showing no major movement in currency markets.
Investors are also watching Nvidia closely. The tech giant will release its quarterly earnings report on Wednesday after markets close. This is expected to be a major test for the recent AI-driven stock rally. Traders hope Nvidia’s results and outlook will confirm that this boom in artificial intelligence investment is more than just hype.
Matt Maley from Miller Tabak said Nvidia’s report is likely the most important event of the week — unless something completely unexpected happens. He believes it’s unlikely that Nvidia will disappoint, but reminded investors that even strong earnings last year led to a “sell the news” drop in the stock price.
In company news:
– Furniture stocks like Wayfair and RH dropped after Donald Trump announced a new tariff investigation targeting furniture imports into the U.S., raising concerns about future import taxes on the sector.
– Keurig Dr Pepper plans to acquire coffee company JDE Peet’s for about $18.4 billion as part of a strategy to improve its struggling coffee segment before splitting off parts of its business.
– Crescent Energy will buy fellow Texas-based shale producer Vital Energy for $733 million, continuing consolidation in the U.S. oil sector.
– Crypto firms Galaxy Digital, Multicoin Capital, and Jump Crypto are in talks to raise around $1 billion to invest in Solana, a major cryptocurrency — marking one of the biggest token-focused fund efforts ever.
– Trading app Webull is reintroducing crypto trading in the U.S., after dropping it during its previous attempt to go public in 2023.
– Offshore wind developer Orsted saw its shares fall after the Trump administration blocked construction of a nearly completed wind farm, threatening a planned $9.4 billion share offering backed by the Danish government.
– PDD Holdings reported stronger-than-expected earnings thanks to new stimulus efforts by China’s government to boost consumer spending and counteract effects from U.S. tariffs.
Here’s how major markets looked:
**Stocks**
– S&P 500: down 0.2%
– Nasdaq 100: down 0.3%
– Dow Jones: down 0.2%
– Europe’s Stoxx 600: flat
– MSCI World Index: down 0.2%
**Currencies**
– US Dollar: steady
– Euro: down 0.1% to $1.1703
– British Pound: down 0.1% to $1.3507
– Japanese Yen: down 0.4% to 147.49 per dollar
**Cryptocurrencies**
– Bitcoin: fell 1.3% to $111,262
– Ether: fell 2.9% to $4,646
**Bonds**
– 10-year US Treasury yield: up to 4.28%
– German 10-year yield: up to 2.78%
– UK 10-year yield: down to 4.69%
– 2-year US Treasury yield: up to 3.73%
– 30-year US Treasury yield: up to 4.90%
**Commodities**
– Crude Oil (WTI): up 1.2% to $64.40 per barrel
– Gold: down 0.1% to $3,366.85 per ounce
Investors should prepare for potential market shifts this week driven by both economic data and key corporate earnings, especially from tech leaders like Nvidia. Inflation trends and Fed policy direction remain at the heart of market uncertainty as summer winds down.
BitMine Surges as Largest Ethereum Holder in the World
BitMine, a company focused on Ethereum, has quickly become one of the most actively traded stocks in the U.S. According to recent data, its stock saw an average daily trading volume of $2.8 billion during the five trading days ending August 24. This high volume places BitMine as the 20th most traded stock in the country — just behind Coinbase and ahead of big names like JPMorgan and Palo Alto Networks.
This surge in trading activity comes at a time when BitMine is shifting its focus more heavily toward Ethereum. Since this move, the company’s stock price skyrocketed nearly 1,000%, reaching a peak of $135 before settling around $53.49. This sharp rise and fall show that investors are paying close attention, but it also highlights how volatile the stock has become.
BitMine is not just trading Ethereum — it’s buying massive amounts of it. As of August 24, the company holds 1.71 million ETH, with each token valued at $4,808. Alongside this, BitMine also holds 192 Bitcoin and $562 million in cash, bringing its total crypto and cash holdings to about $8.82 billion.
This makes BitMine the largest holder of Ethereum in the world and gives it the second-biggest corporate crypto treasury overall — only behind Strategy, which owns around $71 billion worth of Bitcoin.
The company started its Ethereum investment program on June 30 and completed its first phase in under two weeks. Since then, it has been aggressively buying ETH, including a massive purchase of over 190,000 ETH last week alone.
BitMine Chairman Tom Lee said strong interest from institutional investors helped the company raise $2.2 billion in just one week. This is the second week in a row they’ve been able to raise capital at this speed.
Lee explained that BitMine is aiming to control about 5% of all Ethereum, seeing it as a long-term investment. He believes Ethereum could become a key part of the future financial system, especially as blockchain technology and artificial intelligence become more connected.
Keywords: BitMine, Ethereum, ETH investment, crypto treasury, institutional investors, blockchain technology, Ethereum stock surge, Tom Lee, crypto market trends, corporate crypto holdings.
Cryptosolo: Simple, Profitable Cloud Mining for 2025
**Cryptosolo: The Easiest Way to Start Cloud Mining in 2025**
Cloud mining has become one of the easiest ways to earn cryptocurrency in 2025—no expensive hardware, no loud machines, and no complicated setups. For anyone who wants to get started in crypto without technical skills, Cryptosolo is leading the way.
### Easy and Instant Mining for Everyone
Cryptosolo, launched in 2022 and based in the UK, has grown fast by making crypto mining simple and accessible. You don’t need to buy any mining rigs or install special software. Everything runs through their secure online platform. You just sign up, choose a mining plan, and start earning.
Even better, new users get a $15 bonus when they sign up—so you can start mining without spending any money. This makes it perfect for beginners who want to test it out before investing.
**Keywords:** cloud mining, crypto mining 2025, no hardware needed, easy crypto earnings, start mining today
### Smarter Mining with AI and Green Energy
Cryptosolo uses artificial intelligence to make mining more efficient. Their smart system automatically switches between cryptocurrencies like Bitcoin, Dogecoin, and sometimes Ethereum—whichever is most profitable at the time. This means you can earn more without doing anything extra.
The company also uses clean energy sources like solar, wind, and hydro power to run their data centers. This helps reduce the environmental impact of crypto mining while keeping it profitable.
**Keywords:** AI-powered mining, eco-friendly crypto, renewable energy mining, automated crypto earnings
### Flexible Plans with Daily Profits
No matter how much money you want to invest—big or small—Cryptosolo offers flexible mining contracts for different budgets and timeframes. You can pick short-term or long-term plans based on your goals.
Here are some highlights:
– Transparent contracts with live profit tracking
– Instant payouts straight to your wallet
– Predictable daily income from mining
Even small investments can bring in decent returns over time. The structure is designed to give users a steady and reliable way to grow their crypto assets.
**Keywords:** flexible mining contracts, daily crypto earnings, beginner-friendly mining, track profits live
### Real Earning Potential: Up to $9,900 a Day?
Independent tests in 2025 have shown that Cryptosolo can generate impressive profits. One report recorded daily earnings of over $10,500 from combined Bitcoin and Dogecoin mining.
With optimized dual-coin mining and AI resource allocation, earning up to $9,900 per day isn’t just a dream—it’s a real possibility for users with higher-tier plans.
These numbers aren’t random guesses. They’re based on actual testing and user results from the platform.
**Keywords:** high-yield cloud mining, daily crypto profit, Bitcoin Dogecoin dual mining, best cloud mining platform 2025
### Safe, Secure, and Globally Trusted
Security is a big concern in crypto—and Cryptosolo takes it seriously. The platform includes:
– EV SSL encryption for secure data transfer
– DDoS protection to prevent attacks
– Cold wallet storage to keep user funds safe
On top of that, Cryptosolo follows UK fintech regulations and is registered with compliance bodies like the FCA and FinCEN in certain areas. This helps build trust for users around the world.
**Keywords:** secure cloud mining, regulated crypto platform, cold wallet protection, trusted crypto mining site
—
**Note:** While cloud mining with platforms like Cryptosolo can be profitable and easy to use, always do your own research before investing. Crypto markets carry risk.