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Ethereum’s (ETH) price plunged over the weekend, sliding from around $2,900 to near $2,100 as selling pressure intensified. It has since stabilized slightly as of Tuesday, but remains down more…
Bitmine, the crypto-focused firm chaired by Fundstrat co-founder Tom Lee, is sitting on more than $6.9 billion in unrealized losses on its Ethereum (ETH) holdings. The situation highlights the severe…
Bitmine Immersion Technologies announced a $200 million equity investment in Beast Industries, the entertainment company founded by YouTube creator Jimmy Donaldson, who is widely known as MrBeast, on Thursday. The…
BitMine Immersion Technologies is asking shareholders to approve a massive increase in its authorized shares. The company’s leadership, led by Chairman Tom Lee, has explained that this strategic move is…
Ethereum treasury firm BitMine Immersion Technologies has continued to aggressively expand its ETH holdings even as prices struggle below $3,000. In fact, blockchain tracker Lookonchain found that the company bought…
Bitmine Immersion Technologies announced that its combined crypto holdings, total cash, and “moonshots” investments are worth around $13.2 billion. The company’s ETH stash has increased to 4.07 million, along with…