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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…

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

Tom Lee’s Bitmine Buys $123 Million More Ethereum as Treasury Tops 5.4 Million ETH

Bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a multibillion-dollar bet on…

Continue ReadingTom Lee’s Bitmine Buys $123 Million More Ethereum as Treasury Tops 5.4 Million ETH

Tom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH

Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Holdings Overview The Norwalk, Connecticut-based company…

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Tom Lee’s Bitmine Adds 26,497 ETH, Pushing Treasury to 5.42M Coins Worth $10.85B

Bitmine Immersion Technologies added 26,497 ETH last week, lifting its total ethereum holdings to 5,416,901 coins valued at roughly $10.85 billion and bringing the company within striking distance of owning…

Continue ReadingTom Lee’s Bitmine Adds 26,497 ETH, Pushing Treasury to 5.42M Coins Worth $10.85B

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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Galaxy Digital Sends ETH Worth $104 Million to Bybit, Binance and OKX, Sparking Selloff Concerns

Onchain data shows two wallets linked to Galaxy Digital depositing approximately 45,000 ether across several major exchanges over a 15-hour window on April 28, raising fresh concerns about institutional selling…

Continue ReadingGalaxy Digital Sends ETH Worth $104 Million to Bybit, Binance and OKX, Sparking Selloff Concerns