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Bitmine Buys Another 42K ETH as 5% Supply Goal Comes Within Reach

The Tom Lee-chaired Bitmine Immersion Technologies continues with its Ethereum accumulation strategy, even though it has eased off the gas pedal compared to several weeks ago when it made multiple…

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Bitmine Buys 52K ETH as Tom Lee Believes the Best Years for Crypto Are Still Ahead

The rough market conditions and the global uncertainty have failed to faze the Tom Lee-chaired Ethereum buying machine, as Bitmine has spent approximately $90 million to acquire 52,203 ETH over…

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Bitmine Adds $135M in ETH, Closing In on 5% of Ethereum Supply

The Tom Lee-chaired former bitcoin miner turned Ethereum treasury company continues to increase its ETH holdings by purchasing over $135 million worth of the asset. Its total holdings have skyrocketed…

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Ethereum Treasury Giant Bitmine Now Holds 4.59% of Total ETH Supply

Ethereum treasury company Bitmine accumulated 126,971 ETH over the past week. According to the latest update, the firm reported total crypto, cash, and ‘moonshots’ holdings of $9.6 billion, including 5.54…

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Bitmine Plans 9.5% Preferred Stock Plan to Fuel Its Ethereum Buying Spree

Ethereum treasury company Bitmine has filed to launch a public offering of 3 million shares of its 9.50% Series A Perpetual Preferred Stock. The proceeds are expected to support a…

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Bitmine’s Ethereum Hoard Surges Past 5.28 Million ETH as Company Nears 5% Supply Target

Bitmine Immersion Technologies announced that its Ethereum holdings have risen to 5.28 million ETH. This gives the company ownership of about 4.37% of Ethereum’s total circulating supply of 120.7 million…

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Tom Lee Doubles Down on ‘Crypto Spring’ Theory but Bitmine Slows ETH Accumulation

Bitmine Immersion Technologies has slowed the pace of accumulation of more ETH, as it’s well within its timeframe to reach the 5% supply target this year. Nevertheless, its chairman remains…

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Strategy Hits Pause Button, but BitMine Keeps Buying Ethereum (ETH)

BitMine Immersion Technologies, the Tom Lee-chair former bitcoin miner turned Ethereum treasury company, continues with its Monday announcements about major ETH acquisitions completed over the previous week. At the same…

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BitMine’s Ethereum Holdings Top 5 Million ETH After Largest Purchase Since December

The former Bitcoin miner turned Ethereum accumulation firm, chaired by Tom Lee, continues to increase its exposure to the world’s largest altcoin, now holding over 4.2% of its total supply.…

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