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Tom Lee’s Bitmine Keeps Buying Ethereum, Treasury Nears 5.8 Million ETH

The Tom Lee-chaired Bitmine Immersion Technologies continues to expand its Ethereum treasury, adding almost 10,000 ETH over the past week. This purchase was slightly larger than the one from the…

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Tom Lee’s Bitmine Slashes Weekly Ethereum Purchases by 76% – Here’s Why

The largest corporate holder of Ethereum has reduced its weekly accumulation pace, adding only 7,430 tokens over the past seven days. This sharp reduction from its previous purchases came as…

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Bitmine Snaps Up Over 30,500 ETH as Tom Lee Focuses on Crypto’s New Success Story

Bitmine Immersion Technologies, the former bitcoin miner turned massive Ethereum accumulator, continues to increase its altcoin exposure by snapping another 30,567 tokens over the past week. Its total has grown…

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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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