36 stories tagged #Bitmine

  1. Bitmine Acquires $92 Million in Ethereum, Tom Lee Advocates for Crypto Spring
    crypto

    Bitmine Acquires $92 Million in Ethereum, Tom Lee Advocates for Crypto Spring

    Bitmine enhances its crypto holdings by purchasing $92 million in Ethereum, while Chairman Tom Lee predicts a bullish outlook for the market.

    yesterday 1 min read
  2. Bitmine Becomes Second-Largest Crypto Treasury Firm After $77K Ethereum Purchase
    crypto

    Bitmine Becomes Second-Largest Crypto Treasury Firm After $77K Ethereum Purchase

    Publicly traded Bitmine acquires additional Ethereum, positioning itself as the world's second-largest corporate crypto treasury and signaling a major institutional bet on ETH.

    last wk. 1 min read
  3. Bitmine's Ether Treasury Hits 5.54M ETH, Nears 5% Supply Goal
    crypto

    Bitmine's Ether Treasury Hits 5.54M ETH, Nears 5% Supply Goal

    Bitmine adds 127K ETH in a week, pushing holdings to 4.59% of supply. Company targets 5%, with $230M in annualized staking revenue projected.

    2w ago 2 min read
  4. 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 mo. 2 min read
  5. 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 mo. 1 min read
  6. 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.

    last mo. 1 min read
  7. 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.

    last mo. 1 min read
  8. 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.

    last mo. 2 min read