Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.
BitMine
Bitmine (BMNR) buys $14 million in ETH as Tom Lee expects tailwind for crypto
Bitmine Immersion (BMNR), the largest Ethereum treasury firm, bought another 7,391 ether ETH$1,895.42 last week. The purchase, worth roughly $14.2 million at ether’s price as of writing of $1,915, lifted the company’s holdings to over 5.8 million ETH, or about 4.8% of Ethereum’s total supply.… Read More
Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation
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
Eightco Lands $125M in Funding from Bitmine and ARK
The fresh capital from Kraken’s parent company, Ark Invest, and Bitmine has backed Eightco’s new bets on OpenAI and MrBeast Shares in Eightco Holdings (ORBS) jumped 12% on Thursday after it raised $125 million to back its bets in blockchain and artificial intelligence. Eightco said… Read More
BitMine expects $400 million income on ether holdings, bet on MrBeast could '10x'
BitMine Chair Tom Lee told investors that the company could generate over $400 million income on its $13 billion worth of ether holdings, primarily via staking.
BitMine (BMNR) Bought 97K in ETH Ahead of Fusaka Upgrade
BitMine Immersion Technologies (BMNR), the Ethereum-centric crypto treasury firm helmed by Fundstrat’s Thomas Lee, said on Monday it acquired 96,798 in ether ETH$2,818.32 through last week continuing its buying spree while digital asset treasuries remain under pressure due to falling crypto prices. The latest purchase… Read More