BitMine Acquires 70K ETH; PEPENODE Presale Reaches $2.2M

BitMine Immersion has acquired 69,822 [ETH](https://holder.io/coins/eth/) in a week, now holding 3.63M [ETH](https://holder.io/coins/eth/), approximately 3% of Ethereum's circulating supply. Their total crypto and cash holdings are $11.2B.
Despite a recent 30% drop in [ETH](https://holder.io/coins/eth/) value, BitMine continues to invest, supporting their 'own the network' strategy, although their stock is under pressure.
Crypto treasury stocks experience market cap compression relative to their holdings, but acquisitions of [BTC](https://holder.io/coins/btc/) and [ETH](https://holder.io/coins/eth/) persist.
PEPENODE introduces a mine-to-earn model, integrating virtual mining rigs with meme coin rewards, attracting high-risk investors.
PEPENODE allows users to engage in a virtual mining simulator using $PEPENODE tokens to buy and upgrade miner nodes.
The PEPENODE presale has raised over $2.19M, with staged pricing designed to increase as funding milestones are achieved.
Analyst predictions suggest potential significant growth for $PEPENODE, assuming successful game launch and positive crypto sentiment.