Based on Coinrise, digital asset treasury (DAT) stocks outperformed the broader crypto market on Monday as investors flocked to companies holding large Ether reserves. BitMine Immersion Technologies led the charge, surging nearly 20% to close above $31, while SharpLink Gaming and Michael Saylor’s MicroStrategy also saw gains. BitMine now controls 3% of the total Ether supply, holding 3.63 million ETH valued at around $10.6 billion. Ether itself rose 2% in the past 24 hours to $2,900.
Digital Asset Treasury Stocks Outperform Crypto Market Amid ETH Rally
CoinriseShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.