Briefly
- The vomi immersion plans to raise up to $ 24.5 billion from its usual stock sales to buy more ETH.
- The Ethereum Treasury Company sells its usual section for $ 0.0001 per share.
- The company has already accumulated more than two billion dollars of the Ethereum token at the time of publication.
Batmini immersion increases its goal of raising funds to buy more Eth with $ 20 billion, according to the application of a company with federal regulators on Tuesday, as it is joking to maintain its point of view The world’s largest treasure trove of Ethereum.
The cryptocurrency company aims to raise a total of $ 24.5 billion in its usual shares. The announcement marks the dramatic expansion of its shared shares sale, for which the company has already earned $ 4.5 billion in the amount of its shares available to investors.
According to the sale, the common shares of the vommina immersion will be $ 0.0001.
It is unclear what percentage of revenue from the sale of stock will be to buy ETH.
The company’s representative did not immediately respond to Decipherptic Request for comment on this issue.
The expansion of the bitma immersion in joint sale of shares comes as an increasing number of public trading companies establish Ethereum treasury, which promotes the re -establishment of the Crypto Currency Price.
Sharplink Gaming, Batmina and Etherrmachine and Bit Digital have mostly started to turn to accumulate the huge amounts of Ethereum as a corporate strategy to raise their shares shares, adjusting the Michael Saylor’s Software S The companies of the company could soon do 10% Of all the Ethereum in circulation, according to one standard Chartered Analyst.
And as the companies tear down the larger quantities of Ethereum, the price of a layer-1 token has jumped abruptly.
ETH is traded just below $ 4,500 from the time of writing, which is more than 50% in the last month and more than 70%. This put less than 9% below its maximum of all time just over $ 4900 in November 2021.
On countless market lines, almost 80% of participants expect Ethereum to trade over $ 5,000 by the end of the year. (Discovering: Myriad is a platform for predicting and a platform for engagement developed by Dastan, the home company of an editorial independent Decipher.)
As the value of Altcoin swollen, so did the supplies of the vials immersion. The company’s shares have recently traded at $ 62.05 on Tuesday, which is more than 51% in the last month, and until today almost 700%.
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