BitMine Immersion Technologies announced that it has engaged Tom DeMark and DeMark Analytics, LLC as a strategic advisor to refine its Ethereum acquisition strategy. The partnership will bring DeMark’s well‑known market‑timing indicators and systematic models into BitMine’s treasury management platform, with the goal of accelerating the company’s target of owning 5 % of the Ethereum network.
The move follows BitMine’s recent capital raise of $365 million in September 2025 and its continued backing from investors such as ARK’s Cathie Wood, Founders Fund, Pantera, and Galaxy Digital. BitMine currently holds roughly 3.55 million ETH, representing about 2.9 % of the total supply, and the new advisory relationship is intended to improve the efficiency and timing of future purchases.
Financially, BitMine remains unprofitable, with revenue growth in 2024 compared to 2023 but widening losses. The partnership is expected to help the company reduce the cost of capital and improve the precision of its acquisition decisions, potentially mitigating the impact of market volatility on its treasury.
DeMark Analytics will apply its TD Sequential and TD Combo indicators—tools that have been used to identify exhaustion and reversal points in traditional markets—to the cryptocurrency space. While the firm only works with one other client, the integration of these models into BitMine’s AI‑driven platform is expected to provide a systematic edge in timing large ETH purchases.
No immediate market‑reaction data are available for this announcement, but the engagement signals confidence from BitMine’s institutional investors and underscores the company’s commitment to a data‑driven approach to treasury management.
The partnership positions BitMine to accelerate its 5 % Ethereum target and reinforces its strategy of becoming the largest ETH holder in the world, while also highlighting the company’s ongoing focus on leveraging advanced analytics to navigate the volatile crypto market.
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