Bitmine Expands Ethereum Treasury To 5.7 Million ETH After Latest Purchase
Bitmine expanded its Ethereum treasury to 5.7 million ETH after another purchase, keeping attention on corporate ETH accumulation.
NewsBTC•NewsBTC Editorial Team29 JunBitMine Immersion Technologies — page 11
Organization · 259 articlesCoverage, page 11
page 11 of 13NewsBTC•NewsBTC Editorial Team29 Jun
Bitmine Raises Ethereum Holdings to 5.70 Million ETH, Reaching 94% of 5% Supply Goal
Bitmine now holds 5.70 million ETH, accounting for about 4.7% of ethereum’s total supply, bringing it close to its stated goal of holding 5%. The company also joined the Russell 1000 and began trading its preferred stock on the NYSE under BMNP. Bitmine Stakes 4.88 Million ETH as Annualized Rewards Reach Projected $211 Million Bitmine […]
Bitcoin.com News•Emmanuel Musa29 Jun
Tom Lee Points To Quarter-End Window Dressing As Bitmine Adds $43 Million In ETH
Tom Lee linked recent crypto weakness to quarter-end window dressing as Bitmine added another $43 million in Ethereum.
NewsBTC•NewsBTC Editorial Team29 Jun
Tom Lee's BitMine Adds $43 Million in Ethereum as Strategy Halts Bitcoin Buys
BitMine Immersion Technologies continued adding to its Ethereum stockpile, even as its Bitcoin counterpart Strategy stood pat.
Bitmine lifts Ethereum treasury to 5.7 million ETH through ‘challenging’ weekly slide, joins Russell 1000
Bitmine added 27,084 ETH last week, bringing total holdings to 5.70M coins worth $8.9B as the company hits 94% of its 5% ETH supply target.
The Block•Naga Avan-Nomayo29 Jun
Tom Lee pushes Bitmine closer to owning 5% of Ethereum supply
Bitmine has increased its Ethereum holdings to more than 5.7 million ETH, bringing the company within reach of its stated goal of controlling 5% of the cryptocurrency’s circulating supply. According to a June 29 company announcement, the Ethereum treasury firm…
BitMine acquires 27,084 Ethereum for $43M as Tom Lee’s firm pushes toward 5% supply target
BitMine's aggressive Ethereum acquisition strategy highlights the growing institutional interest in crypto, potentially influencing market dynamics.
CryptoBriefing•Editorial Team29 Jun
Bitmine reaches 94% of ETH target as it joins Russell 1000
Bitmine's strategic growth and Russell 1000 inclusion may boost institutional interest, potentially influencing Ethereum's market dynamics significantly.
CryptoBriefing•Vivian Nguyen29 Jun
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
CoinDesk•Krisztian Sandor29 Jun
Bitmine Buys Another 27,000 ETH Despite Market Slump, Nears 5% of Ethereum Supply
The company continues with its aggressive ETH accumulation strategy, adding more than 27,000 tokens over the past week.
Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28
BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after failing to secure a license.
Cointelegraph•Cointelegraph by Andrew Fenton28 JunA
Sharplink adds $62.4M in Ethereum despite ETH’s weak demand – Here’s why
Is Sharplink's ETH buying spree reminiscent of Bitmine's Ethereum strategy?
AMBCrypto•Ishika Kumari28 Jun
Bitmine joins Russell 1000 Index, boosting institutional demand for Ethereum exposure
Bitmine's inclusion in the Russell 1000 Index could significantly increase institutional Ethereum exposure, impacting market dynamics and investment strategies.
CryptoBriefing•Editorial Team26 Jun
SharpLink Resumes ETH Buying After 8-Month Hiatus but OG Whales Capitulate
In addition, Tom Lee's Bitmine continues to stake ETH tokens.
U
160,480 ETH Staked: Is Bitmine Controlling All of Ethereum's Liquidity?
Bitmine is close to essentially controlling the major part of Ethereum's liquidity on the market.
U.Today•Arman Shirinyan26 Jun
Tom Lee’s BitMine stakes 86% of ETH pile before Russell entry
BitMine staked 160,480 more ETH as BMNR prepares for Russell 1000 entry, lifting staked holdings to 4.88m ETH, Lookonchain says.
Bitmine acquires 35,138 Ethereum for $59M, building second-largest corporate crypto treasury
Bitmine's aggressive Ethereum acquisition signals growing institutional interest, but poses risks if Ethereum's market position falters.
CryptoBriefing•Editorial Team25 Jun
Ethlabs Will Overlap with the Ethereum Foundation and Draw Its 'Densest Talent,' Funders Say
Sharplink, Bitmine and Joe Lubin are backing Ethlabs as the Ethereum Foundation cuts its budget 40%, but no one will say how much money is behind the new lab
The Defiant•The Defiant Team24 Jun
BitMine wants 5% of all Ethereum. What if treasuries corner ETH?
BitMine Ethereum 5 percent strategy puts nearly 5% of ETH supply in one treasury. The bull case is a squeeze; the bear case is one buyer.
Bitmine and Sharplink Fund Ethlabs to Scale Ethereum for AI and Institutions
Ethlabs, a new independent nonprofit research lab founded by former Ethereum Foundation researchers, has launched to strengthen Ethereum’s core infrastructure. The group is backed by major ecosystem participants, including Bitmine, Sharplink, Joe Lubin, Anchorage, Octant, and SNZ. Ethlabs Forms Independent Research Group to Strengthen Ethereum’s Core Network A group of senior Ethereum contributors has launched […]
Bitcoin.com News•Emmanuel Musa24 Jun