BitMine Surges 1.85 as Trading Volume Slumps to $1.21 Billion Ranking 51st Amid Ethereum Expansion and ARKs $4.4M Buy-In

On September 9, 2025, , , ranking 51st in the market's volume hierarchy. , , . This move aligns with BitMine’s broader Ethereum accumulation strategy, , , reinforcing its position as a top corporate treasury holder.

BitMine’s chairman reiterated confidence in Ethereum’s long-term potential, . , which plans to adopt Worldcoin as a primary asset. Lee also emphasized optimism around potential Federal Reserve rate cuts, .

, . Meanwhile, BitMine’s strategic focus on Ethereum treasury expansion continues, . .

Backtest results for a cross-sectional strategy—buying the top 500 high-volume stocks daily and holding one day—remain unfeasible in current environments due to limitations in intraday data and portfolio-level simulations. Alternative approaches include narrowing the universe to single-ticker volume spikes or using ETFs as proxies for large-cap exposure.