BitMine Nears Massive Ethereum Milestone as ETH Holdings Reach 5.85 Million
The company is now just 3% away from its ambitious target set just over a year ago.
BitMine Immersion Technologies — page 4
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Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July
CoinDesk•Krisztian Sandor24 Aug
Tom Lee expects Ethereum to outperform Bitcoin on AI, tokenization
BitMine Chairman Tom Lee has identified BMNR as the US-listed stock most closely tied to Ethereum, citing an 80% correlation while predicting that ETH will outperform Bitcoin during the current cycle. Fundstrat said in a Friday post on X that…
Strategy Bitcoin treasury returns to profit above $75,385
Strategy’s 840,447 BTC returned above its $75,385 average cost as Bitcoin rallied, while BitMine retained a multibillion-dollar ETH loss.
20% Ethereum Rally Boosts Bitmine (BMNR) by $2.2 Billion: Tom Lee Backs Ether as Vital Layer for AI
Ethereum's largest treasury company Bitmine (BMNR) nets $2.2 billion overnight in 20% rally as its chairman Tom Lee backs the altcoin for AI.
U.Today•Gamza Khanzadaev20 Aug
Crypto Stocks Rip Higher as Strategy Jumps 12%, Coinbase Climbs 9%
Strategy, Coinbase, Circle, and BitMine are riding Bitcoin's short squeeze toward $70K—and two of them may be squeezing equity bears of their own.
Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally
The move triggered nearly $2 billion in crypto liquidations and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10%.
The Block•Jason Shubnell19 Aug
Bitmine’s ETH holdings close in on ‘alchemy of 5%’ after latest purchase — Details
Could Bitmine's aggressive ETH accumulation fuel the overall institutional demand for Ethereum?
AMBCrypto•Ishika Kumari19 Aug
BitMine adds 9,926 ETH as BMNR stock gains 3.7%
BitMine added 9,926 ETH, lifted holdings to 5.82 million and repurchased 1.7 million shares as BMNR stock gained 3.7%.
Tom Lee Sees Ethereum Pulling Ahead of Bitcoin — and Names 2 Reasons
Bitmine Chairman Tom Lee says the ETH/BTC ratio has broken above a multi-year downtrend. He reads the shift as markets pricing in tokenization and agentic-AI demand for Ethereum (ETH). The comment accompanied BitMine’s weekly treasury update. It showed the company sharply slowing its Ethereum purchases while stepping up its own stock repurchases. Why the ETH/BTC
BeInCrypto•Kamina Bashir18 Aug
Bitmine acquires 9,926 Ethereum, boosting total holdings to 5.8M ETH
Bitmine's aggressive ETH accumulation strategy raises concerns about market liquidity, governance centralization, and potential price volatility.
CryptoBriefing•Editorial Team17 Aug
Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses
Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.
Cointelegraph•Cointelegraph by Sam Bourgi17 Aug
Tom Lee’s Bitmine Buys Another $19 Million in Ethereum as Stash Nears 5% of Total Supply
The firm says it's 96% of the way to owning 5% of Ethereum's total supply, according to Chairman Tom Lee.
Tom Lee's Bitmine now owns 4.8% of Ethereum supply after latest ETH purchase
CoinDesk•Helene Braun17 Aug
BitMine Cuts Weekly Buyback to 1.7M Shares as ETH Treasury Hits 5.82 Million
BitMine's ETH treasury grew to 5.82 million ETH, or about 4.8% of Ethereum's total supply, while its weekly share buyback fell to 1.7 million shares, the third consecutive decline.
Bitmine adds 9,926 ETH, taking total holdings to roughly $11 billion
Bitmine added 9,926 ETH last week, taking holdings to 5.82 million tokens while buybacks reached 20.8 million shares since July.
The Block•Brian Danga17 Aug
Bitmine adds 9,926 ETH as treasury nears 5% of total supply
Bitmine's growing ETH holdings could influence market dynamics, potentially boosting Ethereum's prominence in future crypto cycles.
CryptoBriefing•Editorial Team17 Aug
Norway sovereign wealth fund sees indirect bitcoin exposure hit all-time high, with Strategy accounting for 86%: K33
Norges Bank Investment Management also disclosed a new $88 million stake in Ethereum treasury firm Bitmine.
The Block•James Hunt14 Aug
BitMine lands $81.9M stake from Norway wealth fund
Norway’s sovereign wealth fund disclosed 6.15 million BitMine shares worth $81.87M, giving it indirect exposure to Ethereum.
Norway’s $1.7T wealth fund discloses $82M stake in BitMine Immersion Technologies
Norway's wealth fund investment in BitMine could drive institutional interest in Ethereum, impacting market dynamics and staking strategies.
CryptoBriefing•Editorial Team13 Aug