The unprecedented scale of Bitmine's planned $20B Ethereum acquisition represents the largest single-entity cryptocurrency accumulation in history. This marks the first time a corporation has attempted to control such a significant portion of a major cryptocurrency's supply, creating a new paradigm of centralized power over decentralized assets that precisely mirrors prophetic warnings about economic control systems.
Ethereum $4.5K: Corporate Giant Plans $20B Biblical-Scale Buy
📰 What Happened
Ethereum reached a multi-year high above $4,500 on August 12, 2025, driven by major institutional moves. Bitmine Immersion Technologies announced plans to raise $20 billion for ETH purchases, adding to their existing $5 billion holdings. U.S. spot Ethereum ETFs saw record single-day inflows of $1 billion, surpassing Bitcoin ETF inflows. The surge coincided with inflation data suggesting potential Fed rate cuts, while the ETH/BTC ratio rose 50% to 0.37 over the past month.
📖 Prophetic Significance
The convergence of Bitmine's $20B acquisition plan, record $1B ETF inflows, and institutional wealth concentration in Ethereum represents an unprecedented acceleration toward prophesied economic control systems. Daniel 12:4's prediction of increased knowledge finds new fulfillment in these digital assets becoming mainstream financial instruments. The concentration of ETH in corporate treasuries, combined with its programmable nature, creates the technical foundation for the type of universal economic oversight described in Revelation 13. This marks the first time in history that both the scale ($20B) and technological capability have aligned for potential global financial control.