BlackRock's Ethereum ETF, iShares Ethereum Trust (ETHA), quickly reached $10 billion in assets within 251 days, becoming the third-fastest ETF to achieve this milestone. MicroStrategy is raising up to $2.5 billion through a preferred stock offering to expand its Bitcoin holdings, which now total 607,770 Bitcoin valued at $70.6 billion. Despite its strong Bitcoin position, the company faces a class-action lawsuit related to recent offering amendments. Meanwhile, MARA Holdings, a Bitcoin mining company, announced a $950 million debt raise, causing its stock to drop 12%. Unlike MicroStrategy, MARA plans to use the funds for various operational needs, not just Bitcoin purchases. Analysts suggest the dip in MARA's stock may be temporary, as prospects remain strong due to Bitcoin's performance. Overall, the report highlights significant movements in the crypto market, focusing on ETF growth and how traditional companies are restructuring to engage more deeply with Bitcoin and Ethereum investments.

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