- Staggering 2025 Rally: BitMine Immersion Technologies (NYSEAMERICAN: BMNR) has skyrocketed roughly 700% this year, climbing from around $5 in January to a $161 peak in July. After a wild October swing – spiking to $63.22 then plunging 11% in a single day – BMNR now trades near $50 (Oct. 20) [1]. Trading volumes are massive (40–70 million shares, ~$2–3B daily), making BMNR one of America’s most active stocks [2].
- “Ethereum Whale” Treasury: Originally a Bitcoin miner, BitMine pivoted into a crypto treasury strategy and now holds over 3.03 million Ethereum (ETH) – more than 2.5% of all ETH – plus 192 Bitcoin and other assets [3]. Its crypto-and-cash war chest is valued around $13 billion, making BitMine the world’s largest corporate Ether holder and the #2 overall crypto treasury (behind Bitcoin-heavy MicroStrategy) [4]. Executives have dubbed the 5% ETH accumulation goal the “Alchemy of 5%” initiative [5].
- Big News & Bold Moves: Management aggressively “bought the dip” during this month’s crypto crash, scooping up ~379,000 ETH (≈$1.5 billion) in a matter of days [6] [7]. A late-September $365 million stock offering – at $70/share, a rare premium to market – raised fresh capital to fund these purchases [8] [9]. In August, BitMine even signaled plans to issue up to $20 billion in additional stock over time to fuel more Ether buys [10] [11], underscoring its ambition to acquire 5% of Ethereum’s supply.
- High-Profile Backers & Analyst Buzz: BitMine’s bold strategy has attracted blue-chip investors. Cathie Wood’s ARK Invest took a stake (buying ~$15.6M worth on a recent dip) alongside Peter Thiel’s Founders Fund, Pantera Capital, Kraken, Galaxy Digital, and others [12]. Last week, B. Riley Financial initiated coverage with a “Buy” rating and a $90 price target – ~67% above current levels [13]. The firm highlighted BitMine’s “experienced team” and believes BMNR can accumulate 7.6 million ETH by 2026 [14] [15]. Overall Wall Street sentiment is bullish-yet-cautious: Investing.com reports a Strong Buy consensus with a median 12-month target around $60 [16].
- Bubble Worries & Skeptics: Not everyone is convinced. Skeptics note BMNR’s valuation appears detached from fundamentals – the company’s last 12 months of revenue totaled under $6 million (with a similar ~$6M net loss) [17]. Yet its market cap runs in the tens of billions, implying an eye-watering price-to-book ratio in the thousands (book value ≈ $1.40/share vs. a ~$50 stock) [18]. Short-seller Kerrisdale Capital went public with a short position on Oct. 9, calling BitMine’s crypto-hoarding model “outdated” and arguing investors could buy ETH or an ETF directly rather than pay a huge premium for BMNR [19]. Even BitMine’s own chairman – crypto strategist Tom Lee – warned that the digital asset treasury “bubble may have burst,” noting ~80% of peer firms trade at or below the value of their holdings [20]. (Lee still remains long-term bullish on Ethereum despite this sector caution [21].)
BMNR Stock Price Rollercoaster in 2025
Few stocks have had a ride as dramatic as BMNR this year. The share price was languishing under $2 late last year, then erupted in mid-2025 as BitMine’s crypto pivot captivated the market [22]. By early July, BMNR hit an intraday high of $161 after a major equity raise stoked optimism [23]. Since then, volatility has been the norm. The 52-week range spans from under $4 to $161 [24], reflecting outsized swings.
In recent weeks, BMNR’s day-to-day moves have tracked the crypto market almost in tandem. After hovering around $59–$60 in early October, the stock jumped 11.6% on Oct. 6 to close at $63.22 amid excitement over BitMine’s growing Ether stash [25]. But just a few sessions later, a sudden crypto sell-off sent BMNR into a tailspin – it plunged 11% on Oct. 10 (from the high-$50s to low-$50s) in a single day [26]. That rout coincided with a broader slide in Bitcoin and Ethereum prices, reminding investors of BMNR’s sensitivity to crypto sentiment.
The rollercoaster continued: BMNR rebounded 8% on Oct. 13 to around $56 [27] after BitMine announced aggressive Ether purchases, but then the stock gave back those gains as profit-taking set in. By Oct. 17, shares slipped to $49.85 at the close – the lowest in over a month [28]. Despite this pullback, BMNR remains up around 700% in 2025 overall [29] [30]. In short, BMNR’s price action has been whiplash-inducing, soaring and swooning in tandem with the crypto market’s mood. Traders note that the stock’s key support appears to emerge in the low-$50s (where dip-buyers recently stepped in), while resistance looms around $63–$65 (recent highs) [31].
Notably, trading activity in BMNR is frenzied. On many days, 40–70+ million shares trade hands, translating to $2–3 billion in daily turnover [32] – extraordinary liquidity for a mid-cap stock. According to Fundstrat data, BitMine recently ranked among the top 25 most active U.S. stocks by dollar volume, on par with giants like JPMorgan and eclipsing blue chips like Nike [33]. This heavy volume reflects intense interest from both retail investors and institutions, and it gives BitMine the ability to raise capital via stock sales with relatively less price disruption. But it also means volatility: with so many traders involved, BMNR can swing sharply on any given day.
Pivot to an Ethereum “Whale” – BitMine’s Massive Crypto Treasury
BitMine Immersion began as a niche cryptocurrency mining firm – even pioneering immersion-cooled mining technology to run Bitcoin rigs more efficiently in Texas and Trinidad [34]. However, in mid-2025 the company made a radical strategic pivot: rather than focusing on mining revenue, BitMine transformed into a “digital asset treasury” vehicle. In practice, that means raising capital (by issuing stock) to buy and hold cryptocurrencies – primarily Ethereum – as a long-term investment [35]. The company still operates some Bitcoin mining and offers hosting services for other miners, but virtually all of BitMine’s value now comes from its crypto holdings [36] [37].
The result of this pivot is that BitMine today resembles an “Ethereum holding company.” It has amassed a huge stash of Ether in just a few months. As of mid-October, BitMine owns over 3 million ETH tokens, along with 192 BTC and other assets [38]. At current prices, that’s roughly $12–13 billion worth of crypto – an arsenal that outweighs any other public company’s Ethereum holdings [39]. In fact, BitMine is now recognized as the #1 corporate Ether holder globally and the #2 crypto treasury overall, second only to MicroStrategy (which holds a much larger Bitcoin trove) [40]. Crypto news outlets have even nicknamed BMNR an “Ethereum whale” stock and the “MicroStrategy of ETH” due to the scale of its holdings [41].
Company leadership has been very explicit about its target: BitMine is aiming to acquire a full 5% of Ethereum’s total supply. This ambitious goal – internally dubbed the “Alchemy of 5%” – was only announced this year, yet the firm is already halfway there [42]. (Holding ~3 million ETH equates to roughly 2.5% of all ETH.) BitMine’s chairman Tom Lee (a well-known Wall Street crypto strategist) believes Ethereum is entering a “supercycle” and wants BitMine at the forefront [43] [44]. The company even stakes a portion of its ETH to earn yield, effectively generating some revenue from the massive holdings [45].
To put BitMine’s accumulation in perspective: the company only began buying Ether in earnest around July 2025 [46]. Ether was then trading near $2,500, and BitMine started building its position as a bet that Ethereum’s value would rise in the long run. By early September, BitMine announced its ETH stash crossed 2 million tokens for the first time [47]. By the end of September it hit 2.65 million ETH [48], and on Oct. 6 the company reported roughly 2.83 million ETH (worth about $13.4 billion including other assets) [49]. In just four months, BitMine effectively became one of the largest players in the Ethereum ecosystem – not by running the network, but by owning a significant slice of it.
This unprecedented approach draws comparisons to MicroStrategy’s Bitcoin strategy, but with Ethereum. BitMine’s CEO Jonathan Bates and Chairman Tom Lee have framed the pivot as giving stock investors a “pure-play” exposure to Ethereum’s upside [50] [51]. “Institutional investors have told us BitMine remains the only large-cap US stock to give direct exposure to Ethereum,” Lee noted, arguing that Wall Street is increasingly interested in ETH opportunities [52]. Essentially, BMNR is trying to fill a role akin to an Ethereum ETF – using the company as a vehicle for ETH investment – until formal Ethereum exchange-traded funds exist.
Recent News: Buying the Dip, Raising Billions, and Eyeing 5% of ETH
BitMine’s rapid accumulation of crypto has been punctuated by a flurry of announcements and bold financial moves in recent months. Below are some of the key developments up to Oct. 20, 2025:
- Aggressive Ether Purchases: When crypto markets saw a sharp sell-off in early October, BitMine seized the opportunity to “buy the dip.” On-chain data show that over the span of a week, BitMine acquired 379,271 ETH in three large chunks [53] [54] – roughly $1.5 billion worth of Ether at post-crash prices. One purchase of 202,037 ETH came immediately after the weekend crash, followed by another 104,000+ ETH a few days later and ~72,900 ETH on Oct. 18 [55] [56]. These stealthy buys (tracked by blockchain analysts but only later acknowledged by BitMine) pushed the company’s holdings above the 3 million ETH mark [57]. BitMine’s management essentially doubled down on its crypto bet while prices were temporarily depressed. “We acquired 202,000+ ETH over the past few days, pushing our ETH holdings to over 3 million, or 2.5% of the supply,” Chairman Tom Lee said of the opportunity created by the price dip [58].
- Fundraising and Share Issuances: To bankroll its Ethereum shopping spree, BitMine has been tapping the capital markets at an extraordinary scale. On September 22, 2025, the company raised $365.2 million in a direct stock offering [59]. Notably, the deal was struck at $70 per share, which was about 14% above BMNR’s market price at the time – a sign of strong investor demand to finance BitMine’s plan [60] [61]. The offering involved 5.22 million new shares plus warrants for up to 10.44 million more shares at $87.50 (potentially another ~$913 million if those are exercised) [62] [63]. “By selling shares at $70, compared to our $61 closing price, this is materially accretive for existing shareholders as the primary use of proceeds is to add to our ETH holdings,” Tom Lee noted [64]. Earlier in the summer, BitMine had already authorized $4.5 billion worth of at-the-market stock sales (an ATM program) and nearly exhausted that by August [65]. Seeing the investor appetite, BitMine announced plans in mid-August to expand its stock sale program by up to $20 billion – an astonishing amount – in order to keep buying Ethereum [66]. According to a CoinDesk report, the company had only ~$723 left (yes, just seven hundred dollars!) under its previous $4.5B issuance allotment, prompting the massive new $20B filing [67]. When that news broke on Aug. 12, BMNR shares jumped about 4–5% as the market digested the scale of BitMine’s ambitions [68]. If fully executed over time, $20B of fresh equity could fund millions more ETH tokens at current prices – potentially enough to reach or exceed the 5% supply goal.
- Milestones in Crypto Holdings: BitMine has kept investors updated as it clears each milestone in its Ethereum trove. On Sept. 8, BitMine disclosed that its Ether holdings surpassed 2 million tokens (valued around $9.2B at the time) [69]. By Sept. 29, the stash swelled to 2.65 million ETH (~$11.6B) [70]. And on Oct. 6, BitMine announced it held about 2.83 million ETH alongside other assets, for a total of $13.4 billion in crypto and cash reserves [71]. These incremental updates, along with the big funding moves, have kept BMNR in headlines throughout the fall. Each new high in holdings was generally accompanied by a press release or SEC filing, signaling BitMine’s progress toward its 5% target and often coinciding with surges in the stock. For example, the Oct. 6 report of $13.4B in assets (on the heels of Ether purchases) helped spur that day’s double-digit rally in BMNR [72].
- Uplist and Early-Year Moves: (Context) It’s worth noting that earlier in 2025, BitMine uplisted to the NYSE American exchange (effective June 5) to improve liquidity [73]. Around the same time, the company raised a significant $250 million in a June funding round, part of which was later allocated entirely to Ethereum purchases [74]. This mid-year pivot to Ether was when BitMine first declared its intent to become one of the largest ETH holders. “The private placement will accelerate BitMine’s treasury holdings… FalconX, Kraken, and Galaxy Digital plan to partner with us to grow a world-class Ethereum treasury,” CEO Jonathan Bates said in June [75] [76]. In other words, 2025 has seen BitMine go all-in on crypto, with sequential raises and investments scaling up from mid-year through the fall.
Through all these moves, BitMine Immersion has aggressively positioned itself as a leader in the nascent “crypto holding company” space. Its public communications often emphasize long-term conviction in Ethereum. In an October shareholder letter, Chairman Lee argued that “volatility creates advantages for investors… we see Ethereum in a supercycle driven by AI and Wall Street moving into blockchain.” [77]. The company is also keen to highlight its credibility: for instance, BitMine’s October update noted that premier institutions like ARK Invest, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital are backing its vision [78]. Such support lends BitMine a degree of legitimacy as it tries to redefine what a public crypto company can be.
Investor Sentiment: Hype vs. Doubts in the Market
Market enthusiasm for BMNR has been extremely high, especially among retail traders. On social media and forums, BitMine has developed a cult following akin to meme stocks. TS2.tech reports that BMNR boasts over 23,000 followers on StockTwits (a popular trading chat platform) and active Reddit communities dissecting every press release [79]. The stock’s “Ethereum whale” mystique – essentially a small company controlling a giant stash of ETH – has captured imaginations. Many crypto bulls see BMNR as a proxy bet on Ethereum: if you believe ETH is going up long-term, BitMine offers a way to ride those coattails (with the bonus of professional treasury management). Some commentators have gone so far as to call BMNR a “leveraged ETH play in stock form,” since its moves tend to exaggerate Ethereum’s moves.
On the institutional side, sentiment is more mixed but still leans positive. The involvement of high-profile names like Cathie Wood and Peter Thiel’s fund suggests some big players are believers. ARK Invest’s purchase of ~339,000 shares during BMNR’s early October dip was seen as a vote of confidence in BitMine’s strategy [80]. Analysts initiating coverage have mostly issued buy ratings, albeit often with caveats. For instance, B. Riley Securities not only gave BMNR a bullish $90 target, but also laid out a thesis: they expect BitMine to continue trading at a premium to its net asset value (about 1.3–1.5x NAV) due to factors like ETH staking income, partnerships with custodians, and strong capital-raising ability [81]. B. Riley’s report projected BitMine could accumulate 7.6 million ETH by 2026 if market conditions allow [82], and called the company’s expansion plans “achievable” given management’s track record [83]. “BMNR is the largest Ethereum-focused treasury co., with an experienced team and plans to acquire 5% of the network,” the analysts noted, framing BitMine as a unique asset in the market [84].
At the same time, valuation concerns loom large for more conservative investors. Traditional metrics paint a sobering picture: BitMine has only 7 full-time employees and negligible revenue (on the order of a few million dollars a year) [85] [86]. Its stock price is entirely propped up by the market’s confidence in the value of its crypto holdings (and the company’s ability to grow those holdings). Any misstep – like overpaying for crypto, or a collapse in Ethereum’s price – could theoretically erode that confidence quickly. Skeptics point out that if you strip away the crypto assets, BitMine’s core business is not profitable and has minimal assets of its own; effectively investors are paying a steep premium for access to the Ether stash [87]. One analysis estimated a discounted cash flow fair value of only ~$0.50 per share for BMNR based on its tiny operating business, versus ~$50–$60 actual trading price [88]. Such figures are alarming to value-focused analysts.
The short-seller arguments crystallized these doubts. Kerrisdale Capital’s short thesis (made public Oct. 9) slammed BitMine’s strategy as “outdated,” arguing that if someone wants to bet on Ethereum, they can simply buy ETH directly or invest in an ETF when available, rather than buying BitMine at a rich markup [89]. Kerrisdale basically implied that BitMine’s existence adds an unnecessary layer of cost and risk – a sentiment echoed by some financial commentators. Additionally, observers worry BitMine might be diluting shareholders heavily: every time it issues new stock to raise money, existing shareholders own a smaller slice of the company. While raising $1+ billion has enabled the huge crypto purchases, it also means share count has ballooned, which could weigh on future share price appreciation unless the crypto assets outperform the dilution. Thus, even some crypto bulls are cautious on BMNR, fearing it’s “a bit too hot to handle” after such a fast run-up.
And then there’s the view of BitMine’s own chairman Tom Lee, which is nuanced. Lee is a long-term Ethereum bull (he’s publicly predicted ETH could eventually rival Bitcoin in market size) [90]. However, he has publicly acknowledged that the hype around “digital asset treasury” companies (DATs) has cooled off lately. “Many of these firms are now trading below their underlying asset value. If that’s not already a bubble burst… how would that bubble burst?” Lee told Fortune, referring to the way comparable crypto-holding companies have seen their stock prices lag or fall below the value of their coins [91] [92]. In other words, investors are no longer willing to pay big premiums for companies just to hold crypto – a reality check for the sector. Lee’s point was evidenced by peers: research from 10X Capital noted some digital asset treasuries like “Metaplanet” and “Strategy” (industry code names) have indeed traded near or under NAV recently [93] [94]. BitMine, notably, still trades above its NAV, but the premium has narrowed. Lee believes only a few strong players will thrive going forward – obviously he is working to ensure BitMine is one of them, by accumulating as much Ethereum as possible and leveraging strategies like staking to generate returns. His candor about a potential bubble cooling off has been interpreted as a sign that BitMine will focus on execution and efficiency, not just amassing coins blindly.
Outlook: High Risk, High Reward – Tied to Ethereum’s Fate
Looking ahead, BitMine Immersion sits at the crossroads of crypto euphoria and skepticism [95]. The company’s fortunes are likely to track whatever comes next for the broader cryptocurrency market – for better or worse. On one hand, there are bullish tailwinds entering late 2025: Bitcoin is still hovering near historic highs (recently $110k+), Ethereum, while off its peak, remains significantly up year-to-date [96], and major financial institutions are increasingly embracing digital assets. There’s even chatter about the SEC potentially approving a U.S. Ethereum ETF in the not-too-distant future. Such a catalyst – alongside pro-crypto regulations – could ignite another crypto rally. If Ethereum resumes a strong uptrend toward new highs (some analysts see ETH reaching $7,500+ if the bull cycle continues [97]), then BMNR’s massive Ether treasury would soar in value accordingly, likely boosting the stock. In that optimistic scenario, BitMine’s strategy of amassing coins would pay off handsomely, and its shares could regain serious upside momentum. Bulls argue that at ~$50, BMNR might be a launchpad if crypto roars ahead – the stock has already shown it can climb into the $60s and $70s on enthusiasm [98]. Indeed, B. Riley’s $90 target for next year assumes robust execution and a favorable crypto backdrop [99]. Further positive news – say, BitMine hitting 4 or 5 million ETH in reserves, announcing a strategic partnership, or achieving profitable staking revenue – could also spur new buying.
However, the downside risks are equally stark. If crypto prices stumble or enter a prolonged slump, BMNR would almost certainly face significant pressure. Crypto markets are still digesting the early-October shock (when unforeseen events triggered a flash crash), and volatility is the norm rather than the exception. As of mid-October, Bitcoin and Ether were about 15% below their monthly highs and facing macro headwinds (geopolitical tensions, a surge of interest in gold siphoning funds from crypto, etc.) [100]. Should Ethereum slide further or stagnate, BitMine’s growth narrative could stall out alongside it. The stock might drift lower or see bouts of heavy selling – especially if some of the fast-money traders who piled in during the hype decide to rotate out. BMNR has shown a high beta to crypto: when Ethereum fell ~10% in a day, BMNR dropped over 11% the same day [101], underscoring that it often moves in an amplified fashion. This kind of sensitivity means BMNR is not for the faint of heart – it’s essentially a leveraged crypto play wearing the clothing of a stock [102]. Any sustained weakness in ETH could easily translate to double-digit percentage declines for BMNR, as happened during the Oct. 10 pullback [103] [104].
Tom Lee’s tempered stance reinforces the need for measured expectations. While he’s an ETH believer, he cautioned that the “easy gains” for crypto-treasury stocks are likely over, and only a few strong players will thrive from here [105] [106]. BitMine will have to prove it’s one of those resilient winners – perhaps by skillfully managing its holdings (e.g. earning staking yields, hedging during downturns), and by differentiating itself from would-be copycats. Competition is emerging: BitMine’s success has inspired other “digital asset treasury” startups (for example, sports-tech firm SharpLink Gaming raised $76M to start buying Ether, and even some crypto billionaires overseas are launching Ether-holding ventures) [107]. If more companies begin stockpiling ETH – or if an actual spot ETH ETF launches – BitMine could lose some of its unique appeal and rich valuation premium [108]. Essentially, BMNR’s scarcity value (being one of the few pure ETH plays) may not last forever.
Market analysts’ 12-month price forecasts for BMNR currently average in the low $60s [109], which implies only modest upside (~20% beyond current levels). This suggests Wall Street thinks most of the Ethereum bet is already baked into the price. To break out higher, BitMine likely needs to deliver something new – whether it’s accumulating an even larger share of ETH faster than expected, or seeing Ethereum’s price itself break out far above consensus predictions [110]. Conversely, if the crypto market or equity market hits a rough patch, BMNR could certainly retrace further. It’s telling that after BMNR’s parabolic rise, technical indicators like RSI flashed overbought before the recent cooldown [111] – indicating the stock may have run ahead of itself and needed to consolidate.
Bottom line: BitMine Immersion (BMNR) remains a high-risk, high-reward proposition. It offers perhaps the purest stock market play on Ethereum’s upside – likely magnified by its leverage and popularity – but along with that comes exposure to all of Ethereum’s downsides and then some. In effect, investors in BMNR should be prepared for extreme volatility. The stock could soar anew on the next wave of crypto enthusiasm, or sink if the crypto tide goes out. Expert opinions are starkly divided: some hail BitMine as a revolutionary “Ethereum whale” that could ride the next crypto boom, while others see a potential bubble that may yet deflate. In the coming months, BMNR’s trajectory will be a closely watched barometer of how far the market is willing to go in blending crypto and equities. Can BitMine become the next great crypto-equity success story, or will gravity (and fundamentals) eventually catch up? The answer will likely hinge on Ethereum’s performance and BitMine’s ability to maintain investor confidence amid both breathtaking gains and gut-wrenching drops. For now, BitMine has firmly planted its flag as a trailblazer in the crypto-stock realm – and all eyes are on whether this bold Ethereum experiment will continue to pay off or face a reckoning in the year ahead.
Sources: TechStock² (TS2.tech) [112] [113] [114]; CoinDesk [115] [116]; Cointelegraph [117] [118]; CoinCentral [119] [120]; PR Newswire [121] [122]; Investing.com [123] [124]; Yahoo Finance (via AOL) [125]; and company filings/press releases.
![How To Invest in Crypto as A COMPLETE Beginner [2025 GUIDE]](https://ts2.tech/wp-content/plugins/wp-youtube-lyte/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FLGHsNaIv5os%2F0.jpg)
References
1. ts2.tech, 2. ts2.tech, 3. ts2.tech, 4. ts2.tech, 5. ts2.tech, 6. ts2.tech, 7. cointelegraph.com, 8. ts2.tech, 9. investingnews.com, 10. ts2.tech, 11. www.coindesk.com, 12. ts2.tech, 13. ts2.tech, 14. ts2.tech, 15. www.investing.com, 16. ts2.tech, 17. ts2.tech, 18. ts2.tech, 19. ts2.tech, 20. ts2.tech, 21. ts2.tech, 22. ts2.tech, 23. ts2.tech, 24. ts2.tech, 25. ts2.tech, 26. ts2.tech, 27. ts2.tech, 28. ts2.tech, 29. ts2.tech, 30. ts2.tech, 31. ts2.tech, 32. ts2.tech, 33. ts2.tech, 34. ts2.tech, 35. ts2.tech, 36. ts2.tech, 37. ts2.tech, 38. ts2.tech, 39. ts2.tech, 40. ts2.tech, 41. ts2.tech, 42. ts2.tech, 43. www.prnewswire.com, 44. cointelegraph.com, 45. www.coindesk.com, 46. cointelegraph.com, 47. ts2.tech, 48. ts2.tech, 49. ts2.tech, 50. investingnews.com, 51. www.investing.com, 52. investingnews.com, 53. cointelegraph.com, 54. coincentral.com, 55. cointelegraph.com, 56. coincentral.com, 57. coincentral.com, 58. www.prnewswire.com, 59. www.investing.com, 60. investingnews.com, 61. investingnews.com, 62. investingnews.com, 63. www.investing.com, 64. investingnews.com, 65. www.coindesk.com, 66. www.coindesk.com, 67. www.coindesk.com, 68. www.coindesk.com, 69. ts2.tech, 70. ts2.tech, 71. ts2.tech, 72. ts2.tech, 73. www.nasdaq.com, 74. carboncredits.com, 75. carboncredits.com, 76. carboncredits.com, 77. www.prnewswire.com, 78. www.prnewswire.com, 79. ts2.tech, 80. ts2.tech, 81. www.investing.com, 82. www.investing.com, 83. www.investing.com, 84. www.investing.com, 85. ts2.tech, 86. ts2.tech, 87. ts2.tech, 88. ts2.tech, 89. ts2.tech, 90. cointelegraph.com, 91. cointelegraph.com, 92. coincentral.com, 93. cointelegraph.com, 94. coincentral.com, 95. ts2.tech, 96. ts2.tech, 97. ts2.tech, 98. ts2.tech, 99. ts2.tech, 100. ts2.tech, 101. ts2.tech, 102. ts2.tech, 103. ts2.tech, 104. ts2.tech, 105. ts2.tech, 106. ts2.tech, 107. ts2.tech, 108. ts2.tech, 109. ts2.tech, 110. ts2.tech, 111. ts2.tech, 112. ts2.tech, 113. ts2.tech, 114. ts2.tech, 115. www.coindesk.com, 116. www.coindesk.com, 117. cointelegraph.com, 118. cointelegraph.com, 119. coincentral.com, 120. coincentral.com, 121. www.prnewswire.com, 122. www.prnewswire.com, 123. www.investing.com, 124. www.investing.com, 125. www.coindesk.com
