Selloff in bitcoin and ether is tanking shares of crypto‑treasury companies like strategy and bitmine Strategy's valuation is down from ~$128b in july to ~$70b Despite the downturn, institutional confidence remains strong as corporate giants bitmine immersion technologies and strategy (formerly microstrategy) seize the dip to expand their crypto. Why is this announcement significant It’s bitmine’s goal to accumulate 5% of ethereum’s total supply, positioning the. Strategy (mstr), by contrast, has long been the flagship for bitcoin treasury strategies
But as capital rotates toward ethereum, the stock has struggled to keep pace.
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