Crypto Banter Signals
๐ช ZBCN/USDT
(Short)
Cross (12.5X)
Entry Targets:
0.0029102
๐ฏ TP:
1) 0.00288
2) 0.00285
3) 0.00282
4) 0.00279
5) 0.00276
6) 0.00274
7) To the moon ๐
โ๏ธ SL:
0.00320
๐ช ZBCN/USDT
(Short)
Cross (12.5X)
Entry Targets:
0.0029102
๐ฏ TP:
1) 0.00288
2) 0.00285
3) 0.00282
4) 0.00279
5) 0.00276
6) 0.00274
7) To the moon ๐
โ๏ธ SL:
0.00320
Crypto Banter Signals
BitMineโs $250 Million Private Placement
Yes, you heard that right. BitMine has launched a $250 million private placement for its shares, priced at $4.50/share. The capital raised will then go straight to acquiring $ETH and staking it. With this, BitMine aims to be the largest holder of $ETH as a publicly-traded company. This will change the trajectory of the firm โ from pure $BTC mining to an $ETH treasury-based company.
As of now, the private placement involves heavyweight participants in the crypto space, such as Pantera, Galaxy Digital, Kraken, and Founderโs Fund https://x.com/econoar/status/1939783132666081395.
Why Choose Ethereum?
BitMine has chosen to become the โMicroStrategy of $ETHโ for a multitude of reasons. Aside from being the top Layer 1 and top altcoin, other reasons include:
- $ETH as a yield-bearing asset ($ETH can be staked)
- Ethereum is the leading chain for stablecoin activity
- Ethereum has the largest TVL for RWA and DeFi
- Ethereum has the strongest Layer 2 ecosystem by far
And it seems Mr. Market is bullish on BitMineโs new strategy. Once the announcement was made, shares of BitMine shot up over 500% on the NYSE from 30 June 2025.
BitMineโs $250 Million Private Placement
Yes, you heard that right. BitMine has launched a $250 million private placement for its shares, priced at $4.50/share. The capital raised will then go straight to acquiring $ETH and staking it. With this, BitMine aims to be the largest holder of $ETH as a publicly-traded company. This will change the trajectory of the firm โ from pure $BTC mining to an $ETH treasury-based company.
As of now, the private placement involves heavyweight participants in the crypto space, such as Pantera, Galaxy Digital, Kraken, and Founderโs Fund https://x.com/econoar/status/1939783132666081395.
Why Choose Ethereum?
BitMine has chosen to become the โMicroStrategy of $ETHโ for a multitude of reasons. Aside from being the top Layer 1 and top altcoin, other reasons include:
- $ETH as a yield-bearing asset ($ETH can be staked)
- Ethereum is the leading chain for stablecoin activity
- Ethereum has the largest TVL for RWA and DeFi
- Ethereum has the strongest Layer 2 ecosystem by far
And it seems Mr. Market is bullish on BitMineโs new strategy. Once the announcement was made, shares of BitMine shot up over 500% on the NYSE from 30 June 2025.
X (formerly Twitter)
eric.eth (@econoar) on X
3/ The plan kicked off with a $250 M private placement priced at $4.50 per share. Investors span TradFi and crypto heavyweights: Founders Fund, Pantera, Galaxy Digital, Kraken and more. Deal closes July 3.
Crypto Banter Signals
๐ช GRASS/USDT
(Long)
Cross (50X)
Entry Targets:
1.1406
๐ฏ TP:
1) 1.15201
2) 1.16341
3) 1.17482
4) 1.18622
5) 1.19763
6) 1.20904
7) To the moon ๐
โ๏ธ SL:
1.02654
๐ช GRASS/USDT
(Long)
Cross (50X)
Entry Targets:
1.1406
๐ฏ TP:
1) 1.15201
2) 1.16341
3) 1.17482
4) 1.18622
5) 1.19763
6) 1.20904
7) To the moon ๐
โ๏ธ SL:
1.02654