Auto Added by WPeMatico

Bitmine Tops 5.8 Million ETH Even After Scaling Back Its Latest Buy

The Tom Lee-chaired former bitcoin miner turned ETH accumulator has officially pushed its Ethereum holdings beyond 5.8 million tokens, even if its accumulation pace has slowed down. Bitmine Immersion Technologies…

Continue ReadingBitmine Tops 5.8 Million ETH Even After Scaling Back Its Latest Buy

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 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…

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

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…

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

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

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…

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

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