Ethereum’s Price Crosses $4,000 For First Time In 2025 – Here’s Why BMNR Stock Is Trending

Ethereum (ETH) touched $4,000 for the first time this year on Friday after Fundamental Global (FGF) announced a $5 billion shelf registration statement with the SEC to support its ETH acquisition strategy. 

Ethereum’s price rose more than 3.8% over the past day amid a broader rally in altcoins. The last time its price crossed $4,000 was in December last year. While still 18% below its record high of $4,878, seen nearly four years ago, the cryptocurrency marked a new milestone for 2025 with gains of nearly 20% this year. On Stocktwits, retail sentiment around Ethereum improved to ‘neutral’ from ‘bearish’ territory a day ago.

Fundamental Global said it was establishing “one of the largest” capital frameworks in the ETH digital asset treasury space. Currently, BitMine Immersion Technologies (BMNR) holds the largest Ethereum treasury with over 833,000 ETH tokens valued at around $2.9 billion. 

BMNR’s stock jumped more than 11% in morning trade as Ethereum’s price rallied. On Stocktwits, retail sentiment around the company moved higher within ‘extremely bullish’ territory. BitMine’s stock was also among the top trending tickers on the platform at the time of writing. 

Institutional interest in Ethereum has been growing at a steady pace this year, with publicly traded companies like Sharplink Gaming (SBET) and Dynamix Corporation’s (DYNX) The Ether Machine also setting up ETH treasuries.

“We believe this framework will enable us to capitalize on ETH accumulation opportunities and support our target of a 10% stake in the Ethereum Network," said Kyle Cerminara, CEO and Chairman of Fundamental Global, which will soon be renamed FG Nexus.

The company said that while the regulatory statement has been filed with the SEC, it has not come into effect. The shelf registration will allow it to offer and sell up to an aggregate of $5 billion of the company’s securities. 

Fundamental Global’s stock, however, slumped more than 40% in morning trade on Friday. Retail sentiment on Stocktwits also took a hit, dipping to ‘neutral’ from ‘bullish’ territory a day ago. 

Read also: XRP Gains Climb Past Ethereum, Solana, Cardano After Ripple-SEC Legal Battle Ends – Bitcoin Stalls

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