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BitMine Acquires 70K ETH; PEPENODE Presale Reaches $2.2M
- BitMine Immersion has acquired 69,822 ETH in a week, now holding 3.63M ETH, approximately 3% of Ethereum's circulating supply. Their total crypto and cash holdings are $11.2B.
- Despite a recent 30% drop in 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 and 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.
