Ethereum (ETH) treasury agency BitMine Immersion Applied sciences (BMNR) predicts that tokenization and agentic-AI may push the highest altcoin to outperform Bitcoin (BTC) within the coming cycle.
BitMine maintains ETH shopping for streak, requires outperformance
BitMine continued its inventory buybacks coupled with delicate ETH acquisitions final week.
The corporate reported repurchasing 1.7 million shares of its frequent stock, BMNR, bringing its complete repurchases since July 1 to twenty.8 million shares. The transfer comes underneath its beforehand approved $4 billion share buyback program.
BitMine additionally acquired 9,926 ETH final week, persevering with its weekly buying streak of the highest altcoin, which started in June 2025. The most recent acquisition has lifted the corporate’s Ethereum holdings to five.815 million ETH.
BitMine’s Chairman Thomas Lee famous that rising tokenization and the agentic-AI development have helped the ETH/BTC ratio transfer above its one-year downtrend.
“This ETH/BTC ratio has moved up throughout crypto bull cycles, pushed by growing use of Ethereum relative to Bitcoin,” mentioned Lee in a Monday statement. “These prior cycles have been fueled by ICOs (2017-2018), NFTs (2020-2021), and stablecoins (2025). On this upcoming crypto cycle, we see the ETH/BTC ratio rising, pushed by Wall Avenue tokenizing on the blockchain and by agentic-AI utilizing blockchains.”
The corporate reported that it has staked 87% of its holdings, 5.067 million ETH, with an annualized staking income of $250 million. BitMine additionally holds 210 BTC, $73 million in Eightco Holdings shares (ORBS), a $180 million stake in Beast Industries and $78 million in money and marketable securities.
In the meantime, US spot ETH ETFs noticed $2.26 million in internet outflows final week, breaking a five-week influx streak, per SoSoValue information.
Ethereum Worth Forecast: ETH retests main 100-day EMA resistance
Ethereum recorded $29.7 million in liquidations over the previous 24 hours, led by $19 million briefly liquidations, in accordance with Coinglass information.
On the day by day chart, ETH holds a constructive short-term tone because it trades barely above the 20- and 50-day Exponential Transferring Averages (EMAs), now clustered as assist close to $1,885 and $1,868, whereas remaining capped by the 100-day EMA at $1,918.
Momentum metrics again the delicate bullish bias, with the Relative Energy Index hovering round 56 and the Stochastic oscillator close to 63, each suggesting constructive however not overstretched shopping for strain as worth consolidates slightly below the medium-term common.
On the topside, rapid resistance is situated on the 100-day EMA, which has rejected each upward transfer since mid-July. A break increased exposes the horizontal barrier at $1,961, forward of extra distant resistance ranges at $2,172 and $2,431.
On the draw back, preliminary assist is aligned with the close by 20-day and 50-day EMAs, adopted by a stronger horizontal flooring at $1,809. Beneath that, deeper helps emerge at $1,701 and $1,507 if promoting strain accelerates.
(The technical evaluation of this story was written with the assistance of an AI device. Know more.)
