Recently, the cryptocurrency industry has witnessed another important development. A highly anticipated Ethereum vault and cryptocurrency mining company, BitMine, has launched options trading for its common stock BMNR on the New York Stock Exchange. This company, backed by well-known investors, has set an ambitious goal: to acquire 5% of the global supply of Ethereum (ETH).

Since the company announced its strategy to shift towards Ethereum accumulation, its stock price has shown a significant upward trend. Notably, Founders Fund has now become the largest shareholder of BitMine. Meanwhile, another well-known investment institution has also shown strong interest in BitMine this week, investing $182 million to acquire company shares, aiming to establish a position in the Ethereum market.

As of mid-July, the total value of Ethereum held by BitMine has surpassed the $1 billion mark, highlighting its significant influence in the cryptocurrency space. This series of actions not only reflects the deep integration of traditional finance and the cryptocurrency industry but also suggests that Ethereum may face a more concentrated holding structure.

As large institutions like BitMine continue to increase their holdings of ETH, market attention on the future trend of Ethereum is steadily rising. This positive entry attitude may bring new value support to ETH, while also possibly sparking discussions about the degree of decentralization of the network. Regardless, BitMine's actions undoubtedly inject a shot of adrenaline into the cryptocurrency market, and its subsequent developments are worth continuous attention from industry insiders.