BBX: Rise of "Ethereum Standard" and Infrastructure Re evaluation - BitMine's holdings exceed 10 billion yuan, Cipher locks in 2 billion yuan financing scale

BBX News: Yesterday, under the "24/7" operational landscape of global institutional encryption allocation, the market not only witnessed a leap in asset size, but also ushered in a deep integration of "pledge profitability" and "mixed infrastructure financing": ——Ethereum Treasury Top: Bitmine Immersion Technologies (NYSE American: $BMNR) disclosed that its Ethereum holdings have reached 4.326 million, with a total asset value exceeding $10 billion. The company pledged nearly 2.9 million ETH, officially establishing its position as the world's first "Ethereum based" trillion dollar enterprise. ——Hybrid infrastructure financing: Cipher Mining (NASDAQ: $CIFR) has completed $2 billion senior note pricing, specifically for expanding AI and crypto dual engine data centers, demonstrating strong support from the capital market for high-performance computing infrastructure. ——Normalization of fixed investment by pharmaceutical companies: Hoth Therapeutics (NASDAQ: $HOTH) and Acurx Pharmaceuticals (NASDAQ: $ACXP) have synchronized updates on their Bitcoin reserves, using BTC as an anti inflation safe haven for R&D funds, continuing the consensus of cross industry financial hedging. The market presents a clear trend of "Ethereum centric formation" and "heavy assetization of infrastructure". Source: bbx.com