Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced the release of the July Chairman's Message titled "ETH is the cure for the 'Uncanny Valley of Wealth.'"

This Chairman message explains the company's belief that Ethereum is a critical interface to protect humans from the downstream implications of the increasing capabilities of AI and the resulting growing economic influence:

• The 'Uncanny Valley of Wealth' is the notion that humans will ultimately become unsettled by the growing economic and social power of an economy increasingly fueled by agentic-AI and soon, machine-to-machine. 
  
  
• This is a variant of the Japanese roboticist Masahiro Mori in 1970 who published the essay "Uncanny Valley." His hypothesis describes the unsettling feeling people often get when they encounter something that looks almost human.
  
  
• Crypto faced macro headwinds in 2026 including bond markets pricing a "hawkish" flip by global central banks, the slow progress of the Clarity Act, AI outperformance (aka FOMO, or fear of missing out) and underperformance of financials. As we move through 2026, we believe many of these headwinds could turn into tailwinds.
  
  
• While many simply say just attribute this to 'cryptowinter,' 2026 has seen much positive fundamental progress including many banks announcing tokenization of assets, new Ethereum Layer 2 (L2) launches, such as Robinhood Chain. This is a contrast to the 2018 and 2022 crypto winters where regulatory headwinds and collapse of crypto institutions marked those declines.
  
  
• The Chairman believes that Ethereum is positioned to benefit from two exponential drivers of Wall Street building rails on blockchain and agentic-AI (as discussed above).
  
  
• The Chairman also discusses how Bitmine is positioning itself strategically for the important drivers of the next crypto upcycle supporting key infrastructure partners and strengthening the Ethereum ecosystem.