WS #16094
Bitcoin and Ethereum accumulation continues among corporate treasuries, with Strategy purchasing $22M in Bitcoin and Bitmine Immersion Technologies reporting ETH holdings reaching 6.04 million tokens, representing nearly 5% of the total supply. Simultaneously, JPMorgan has launched JPM Coin on the Ethereum network for 24/7 institutional settlement, a move that could reshape digital asset liquidity but introduces new operational and liability risks for traditional banking.
Crypto and Digital Asset Flows
Bitcoin and Ethereum accumulation continues among corporate treasuries, with Strategy purchasing $22M in Bitcoin and Bitmine Immersion Technologies reporting ETH holdings reaching 6.04 million tokens, representing nearly 5% of the total supply. Simultaneously, JPMorgan has launched JPM Coin on the Ethereum network for 24/7 institutional settlement, a move that could reshape digital asset liquidity but introduces new operational and liability risks for traditional banking.