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accumulation

Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation

Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation

2 days ago by Crypto InsightsCrypto

Bitmine Immersion Technologies (BMNR) has sharply slowed its ether (ETH) purchase pace as Chairman Tom Lee signaled, following months of aggressive buying that made it the world’s largest Ethereum treasury company. The firm bought 26,659 ether last week, worth about $63 million based on ether’s… Read More

Bitmine’s (BMNR) ETH buys are catching Strategy’s bitcoin (BTC) accumulation pace

Bitmine’s (BMNR) ETH buys are catching Strategy’s bitcoin (BTC) accumulation pace

2 weeks ago by Crypto InsightsCrypto

A second corporate accumulator of cryptocurrency is starting to look a lot like the first. Bitmine Immersion Technologies (BMNR), the treasury firm chaired by Fundstrat’s Tom Lee, bought 101,901 ether (ETH) worth roughly $234 million last week. That’s close to the regular weekly purchases from… Read More

MSTR may have paused it’s BTC accumulation last week

MSTR may have paused it’s BTC accumulation last week

1 month ago by Crypto InsightsCrypto

Strategy (MSTR), the largest publicly traded holder of bitcoin, did not seem to have increased its BTC position last week. Executive Chairman Michael Saylor usually signals upcoming purchases on X each Sunday, followed by a detailed update around 8 a.m. ET on Monday. There was… Read More

BTC is seeing accumulation across all cohorts, according to Glassnode

BTC is seeing accumulation across all cohorts, according to Glassnode

3 months ago by Crypto InsightsCrypto

As February began, bitcoin was trading around $80,000, with whales dipping their toes in while retail investors were running for the exits. Just one week later, bitcoin plunged to $60,000 on Feb. 5, and the market is now showing a broad shift toward accumulation across… Read More

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