BitMine Bags 70K ETH As PEPENODE Mining Meme Coin Nears $2.2M in Viral Presale

What to Know:

• BitMine Immersion now controls 3% of Ethereum’s circulating supply after buying nearly 70K $ETH in a single week.
• Crypto treasury stocks have seen their market caps compress relative to holdings, even as major players keep accumulating $BTC and $ETH.
• PEPENODE’s mine-to-earn model turns virtual mining rigs and meme rewards into a high-engagement alternative to passive presale tokens.
• For degen-level risk-takers, $PEPENODE combines early-stage staking yield and meme exposure into one speculative ecosystem play.

Ethereum treasuries are back in the spotlight.

BitMine Immersion Technology just snapped up another 69,822 $ETH in a single week, lifting its stash to 3.63M $ETH (roughly 3% of the entire circulating supply), and boosting combined crypto and cash holdings to $11.2B.

The timing is spicy. $ETH has dropped close to 30% over the past month, dragging the value of BitMine’s treasury down from over $12B to near $10–11B before the latest rebound.

Yet BitMine keeps buying, effectively doubling down on an ‘own the network’ thesis while its stock trades under pressure like other crypto-treasury plays.

It’s the same tension playing out in Bitcoin land. Large $BTC treasuries have seen their market caps slump relative to the value of the coins they hold. And yet, while some $BTC has bled off, the drumbeat of acquisitions continues.

This ongoing trend generates a weird split: corporate balance sheets hoarding blue-chip crypto, public equity multiples compressing, and retail investors left wondering whether to buy the coins, the stocks, or something else entirely.

That’s where high-yield narratives like PEPENODE start to look interesting, particularly for meme coin hunting retail traders. Instead of owning a listed treasury at a discount, you effectively buy into a mine-to-earn meme ecosystem with direct token exposure, aggressive staking yields, and gamified virtual mining mechanics.

PEPENODE Turns Virtual Mining Into Meme-Driven Yield

PEPENODE ($PEPENODE) is built as a mine-to-earn meme coin on Ethereum, but it doesn’t ask anyone to plug in an ASIC.

Instead, the project unveils a fully virtual mining simulator where holders use $PEPENODE tokens to buy miner nodes and upgrade digital facilities. Here, you’re building out customizable server rooms that generate simulated hashpower and rewards inside a web app dashboard.

The idea is simple but clever; virtual mining rewards put in a meme coin wrapper and accessible from any basic Ethereum wallet. No rigs, no cooling fans, no angry landlord.

PEPENODE also leans into the meme economy. The roadmap includes rewards not only in $PEPENODE itself but also in some of the best meme coins like $PEPE and other community favorites. These rewards will go to the top leaderboard players once the full game is live.

That turns the platform into a kind of meta-meme mining arcade: you’re using one frog coin to farm a whole basket of others.

On top of the gameplay, the presale already offers staking, not at a whopping 589% rewards for early participants, with emissions distributed over two years. It fits the project’s pitch: reward early backers aggressively while the mine-to-earn ecosystem spins up.

For anyone watching BitMine push toward a validator-heavy future with its planned US-based staking network, PEPENODE feels like the retail, gamified interpretation of the same meta, just with memes, frogs, and a leaderboard instead of a Nasdaq ticker.

Check PEPENODE’s official website for more.

$PEPENODE Presale Maps Out 2025–2026 Upside

While treasuries like BitMine and the big Bitcoin holders wrestle with stock prices that occasionally drift below the value of their underlying crypto, $PEPENODE is still in pure token-issuance mode.

The presale has already crossed $2.19M raised at a live token price of $0.0011638, with staged pricing designed to ratchet higher as each funding milestone is hit.

That puts new buyers roughly in line with recent analyst models. Our $PEPENODE token forecast sees a potential high of $0.0077 for 2026 if the mine-to-earn game launches on schedule, exchange listings land, and crypto sentiment stays constructive.

From today’s presale price, that implies a theoretical upside of roughly ~560% into 2026 under optimistic conditions. Learn how to buy $PEPENODE to join now.

Instead of paying a premium or small discount for a listed treasury stock, whose upside is tied to multiples and macro flows, you’re taking on a high-risk, high-reward crypto with high-APR staking, decent upside potential, and optional exposure to multiple meme assets via the virtual mining rewards.

Instead of just parking tokens and waiting for TGE, early buyers can stake immediately, then later deploy those same tokens into nodes and upgrades once Phase 3 of the roadmap kicks in. The result is a presale that behaves less like a static raise and more like a soft launch of the game economy.

In a market where big treasuries are under valuation pressure but still hoarding $BTC and $ETH on conviction, that kind of asymmetric, gameplay-driven upside is exactly what many retail traders are hunting for on the risk curve.

Explore the PEPENODE presale while early.

This is not financial advice. Crypto and presale investments are highly volatile; never risk capital you cannot afford to lose.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/bitmine-70k-eth-buy-pepenode-mine-to-earn-viral-presale/