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Bitmine Marches Toward 5% of Ethereum Supply After Fresh ETH Buy and Share Purge

Bitmine Immersion Technologies added 9,946 ETH and retired 6.1 million shares last week, tightening its grip on ethereum’s supply while signaling that management sees value in both the asset and…

Continue ReadingBitmine Marches Toward 5% of Ethereum Supply After Fresh ETH Buy and Share Purge

Tom Lee’s Bitmine Buys Back 5.5M BMNR Shares as ETH Stack Nears 5.8M Tokens

According to an announcement published Monday, Bitmine Immersion Technologies now holds 5.78 million ether tokens, pushing its total crypto, cash, and equity stake holdings to $11.5 billion. The Norwalk, Connecticut-based…

Continue ReadingTom Lee’s Bitmine Buys Back 5.5M BMNR Shares as ETH Stack Nears 5.8M Tokens

42,197 ETH Acquired as Bitmine Builds $11.1B Crypto Treasury While Strategy Sells

Institutional crypto investors received two sharply different capital allocation signals Monday as Bitmine Immersion Technologies expanded its ethereum treasury while Strategy disclosed a rare bitcoin sale to fund preferred stock…

Continue Reading42,197 ETH Acquired as Bitmine Builds $11.1B Crypto Treasury While Strategy Sells