BlackRock Increases Bitmine Stake to Over 9 Million Shares: What’s Next?
If you think the institutional appetite for crypto ended with the ETF approvals, look again. In a move that signals massive long-term conviction, the world’s...
Tag : BitMine
Tom Lee-Backed Bitmine Controls 3.6% of Ethereum Supply After Price Crash
In a risky but potentially rewarding play, Ethereum treasury company Bitmine Immersion Technologies (BMNR) has become the largest corporate holder of ETH, now controlling 3.6%...
Tom Lee’s BitMine Buys More Ethereum Despite $7.5 Billion Unrealized Loss
In brief BitMine Immersion Technologies added around $83 million worth of ETH last week. The firm now holds 4.325 million ETH, or over $8.8 billion...
BitMine buys 40,613 ETH during sell-off as Ether strategy faces deep drawdown
Ether treasury company BitMine Immersion Technologies significantly increased its ETH holdings during last week’s market correction, signaling continued conviction in its long-term strategy despite mounting...
Strategy, BitMine, Coinbase Shares Chart Major Rebound as Bitcoin Stabilizes
In brief Strategy stock rose 18% to $126.59 despite being 9.5% underwater on its 713,502 BTC treasury. BitMine shares jumped 13.9% to $19.83, with plans...
Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion
In brief Shares of BitMine Immersion Technologies hit a 7-month low Thursday, falling to its lowest point since the firm announced its Ethereum treasury strategy...
Bitmine Chair Tom Lee Shrugs Off ETH Treasury Losses, Asks If ETFs Should Face Same Scrutiny
Bitmine Immersion Technologies chairman Tom Lee pushed back on criticism of the company’s Ethereum treasury strategy on Tuesday, arguing that paper losses come with the...
Cathie Wood’s Ark Invest Leans Into Crypto Dip With Fresh Bitmine And Circle Purchases
Cathie Wood’s Ark Invest kept buying into the crypto slump, adding to positions tied to digital assets as Bitcoin steadied in the mid $70,000s and...
Cathie Wood's Ark Invest Doubles Down on BitMine, Coinbase Stocks Amid Bitcoin Plunge
In brief Ark Invest added shares of crypto-related equities like Circle, BitMine Immersion Technologies, and Coinbase on Monday. The purchases come despite declining share prices...
Tom Lee's BitMine Buys the Ethereum Dip, Even as Unrealized Losses Top $6 Billion
In brief BitMine added another $96 million worth of Ethereum last week, bringing its total holdings to more than 4.28 million ETH. Its most recent...