
Bitmine acquires 40,000 Ethereum for $72M from FalconX and Kraken
Bitmine's aggressive ETH acquisition and staking strategy could tighten Ethereum's circulating supply, potentially impacting market dynamics.

Bitmine's aggressive ETH acquisition and staking strategy could tighten Ethereum's circulating supply, potentially impacting market dynamics.

Bitmine's ETH accumulation and Robinhood's L2 launch could drive demand and price volatility, raising centralization and regulatory concerns.

ETH charts a path toward $2,000 as TradFi adoption, DAT buying and a long-awaited network upgrade boost investor interest.

BitMine Immersion Technologies (NYSE: BMNR), the Ethereum treasury company chaired by Fundstrat's Tom Lee, bought 42,197 ETH worth roughly $73 million over the past week, according to the company's own holdings update posted Monday. The purchase lifts BitMine's total to 5,742,237 ETH, about 4.8% of…

Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.

Bitmine Immersion Technologies’ stock has climbed more than 4% after the company expanded its Ethereum treasury with another 42,197 ETH, even as Strategy shares slipped following a Bitcoin sale. According to Bitmine, the company purchased 42,197 ETH between June 29…

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 dividend payments. Strategy Breaks With Its Bitcoin Accumulation Playbook Earlier in the day, Strategy announced it sold 3,588 BTC for approximately $216 million, marking its […]
Bitmine closes in on 5% Ethereum supply target with 5.74 million ETH, despite a $9 billion paper loss.

BitMine continued its relentless accumulation of Ethereum while Bitcoin's biggest treasury firm parted ways with more of its holdings.

Bitmine acquired 42,197 ether worth an estimated $74 million last week, lifting its treasury to over 5.7 million ETH.

Tom Lee also weighed in on the potential impact of the CLARITY Act on the crypto market, and ETH in particular.

Bitmine says ETH holdings reached 5.74M tokens, lifting crypto, cash and securities to $11.1B as it nears 5% of ETH supply in 2026.


A new nonprofit backed by BitMine, SharpLink and Joseph Lubin spins the Ethereum Foundation's institutional outreach work into an independent organization, the second such steward group the three backers have funded in ten days, as the Foundation itself shrinks.
Tom Lee links his Ethereum treasury firm, Bitmine, to the new non-profit alliance.

Tokenization and RWA TVL growth highlight Ethereum’s fundamentals, but stagnant DApps and spot ETF outflows keep the pressure on ETH price.
While Strategy is facing criticism for its Bitcoin buying spree, will Bitmine's ETH accumulation turn out to be the right game plan?

Bitmine Chairman Tom Lee believes that Ethereum price decline stems from quarter-end positioning and not changing the company's prediction.
Bitmine Chairman Tom Lee tied Ethereum’s (ETH) 8% weekly drop to quarter-end window dressing, arguing funds trimmed three-month losers. The executive made the comments as Bitmine reported holdings of 5,700,040 ETH worth roughly $9 billion. Lee Frames ETH Drop as Quarter-End Window Dressing Window dressing refers to fund managers selling underperforming positions before quarter-end reporting

Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply.