Bitmine, Sharplink and Joe Lubin back Ethereum R&D nonprofit
Sharplink says the new nonprofit, Ethlabs, “exists to ensure the network is ready to absorb” the demand that institutions will place on it with stablecoins, tokenization and AI.
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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…
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…
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…
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…
Tom Lee Backs Ethereum Supercycle as Bitmine ETH Holdings Reach 5.39M
Bitmine said its crypto, cash, and strategic holdings now total $12.3 billion, led by 5.39 million ether tokens. The company is also expanding its staking strategy through MAVAN, its institutional…
Bitmine Buys 71,672 ETH in One Week as Tom Lee Targets 5% of Ethereum Supply
Bitmine Immersion Technologies now holds 5.28 million ethereum tokens worth more than $11.5 billion, putting the company within reach of controlling 5% of the entire ETH supply. Tom Lee Says…
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…
A ‘Generational Play’ Arises Amid Economic Fury – Week In Review
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes…
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…