Bitmine Immersion Technologies
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financeBitMine Prices $274M Preferred Stock Offering at 9.5% Dividend to Fuel Ethereum Treasury
BitMine raises $274M via preferred stock sale to acquire more Ethereum, fund staking, and buy back shares. The 9.5% dividend shares will list on NYSE.
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cryptoBitmine Files Preferred Stock Offering with 9.5% Yield to Buy More Ethereum
Bitmine plans to raise $300 million via preferred stock to expand its Ethereum holdings, following a playbook similar to MicroStrategy.
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cryptoTom Lee Predicts $250,000 Ether on Corporate Validator Takeover and AI Demand
Fundstrat's Tom Lee forecasts ether hitting $250,000, driven by corporate validators replacing the Ethereum Foundation and AI's need for machine-to-machine payments.
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cryptoBitMine Adds $52M ETH, Strategy Dumps BTC for First Time Since 2022
BitMine buys 26,497 ETH as Strategy sells $2.5M BTC. Chairman Tom Lee remains bullish despite Ethereum's dip below $2,000.
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financeCrypto Firms Target Russell Index Inclusion for Institutional Cachet
Sharplink, Forward Industries, Gemini, and Galaxy Digital make preliminary Russell 3000 list.
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cryptoBitmine Gains Preliminary Entry to Russell 3000 Index
Bitmine Immersion Technologies, the largest Ethereum treasury holder, is on the preliminary list for the 2026 Russell 3000 Index.
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cryptoSouth Korean Funeral Firm Reports $33M Loss on Leveraged Ether ETF Bet
A Seoul funeral services company loses $33 million on leveraged ether ETF investments, highlighting South Korea's appetite for risky crypto products.
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cryptoTom Lee Says Bitmine Scooped Up 71,672 ETH on Recent Dip Below $2,200
Bitmine chairman Tom Lee calls Ether's pullback an 'attractive opportunity', adding 71,672 tokens to its treasury, now holding over 5.2 million ETH.