BitMine is seeking to collect 24.5 billion USD through an at-the-market stock offering, while SharpLink completed a 389 million USD capital raise to enhance its Ether reserves. Additionally, a new entity recently acquired 1.3 billion USD of Ether, reflecting increased interest amid economic fluctuations.
Analysts forecast that rising US federal debt, currently at 37 trillion USD, could lead to monetary easing and potentially drive Bitcoin prices to around 132,000 USD by late 2025. This correlation with the expanding money supply reinforces a bullish outlook for cryptocurrencies.
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