BitMine Targets 5% Ethereum Supply, Frames ETH as AI-Era Economic Hedge

BitMine Immersion Technologies is doubling down on its Ethereum (ETH) treasury strategy. The NYSE-listed company published a July chairman's message titled 'ETH Is the Solution to the Wealth Uncanny Valley', arguing ETH could serve as a critical buffer against economic instability in the AI era. BitMine targets 5% of Ethereum supply.