33 stories tagged #BitMine

  1. BitMine Lands on Russell 1000 Preliminary List, Poised for Index Fund Inflows
    crypto

    BitMine Lands on Russell 1000 Preliminary List, Poised for Index Fund Inflows

    BitMine's appearance on FTSE Russell's preliminary list triggers automatic buying by index funds, signaling a major milestone for the Ethereum treasury company.

    last wk. 2 min read
  2. Tom Lee’s BitMine Faces $7.35B ETH Loss as Price Outlook Worsens
    crypto

    Tom Lee’s BitMine Faces $7.35B ETH Loss as Price Outlook Worsens

    Tom Lee's BitMine faces $7.3B in paper losses on its Ethereum treasury as ETH bears target $1,600 amid ETF outflows and weak sentiment.

    last wk. 1 min read
  3. BitMine Acquires $197M in Ethereum as Treasury Strategy Intensifies
    crypto

    BitMine Acquires $197M in Ethereum as Treasury Strategy Intensifies

    BitMine buys 89,026 ETH worth $197M during price weakness, nearing its 5% supply goal. An Ethereum OG also buys the dip.

    2w ago 1 min read
  4. Bitmine Slows ETH Accumulation, Declares 'Crypto Spring' as Tom Lee Cites Bullish Drivers
    crypto

    Bitmine Slows ETH Accumulation, Declares 'Crypto Spring' as Tom Lee Cites Bullish Drivers

    Bitmine hits 5% of ETH supply in under a year, slows purchases, and pivots to staking and $4B in buybacks.

    3w ago 1 min read
  5. BitMine May Slow Ethereum Buying Pace as 5% Supply Goal Nears
    crypto

    BitMine May Slow Ethereum Buying Pace as 5% Supply Goal Nears

    BitMine Chairman Tom Lee hints at slowing ETH purchases as the company approaches its 5% supply target, citing new strategic priorities.

    3w ago 2 min read
  6. Bitmine Locks $451M in Ethereum, Now 88% of Holdings Are Staked
    crypto

    Bitmine Locks $451M in Ethereum, Now 88% of Holdings Are Staked

    Bitmine staked $451 million in ETH, locking 88% of its holdings. The move removes supply from the market while Ethereum trades quietly below resistance.

    last mo. 1 min read
  7. Ethereum Foundation Sells 10,000 ETH to BitMine in Treasury Strategy
    crypto

    Ethereum Foundation Sells 10,000 ETH to BitMine in Treasury Strategy

    The Ethereum Foundation sold 10,000 ETH to BitMine for $22.9 million as part of its treasury management strategy.

    last mo. 1 min read
  8. Bitmine Builds $13.3B Ethereum War Chest, Targets 5% Supply Control
    crypto

    Bitmine Builds $13.3B Ethereum War Chest, Targets 5% Supply Control

    Bitmine Immersion Technologies amasses a $13.3 billion Ethereum treasury, aiming for significant control over the cryptocurrency's total supply.

    last mo. 1 min read