Crypto markets endured further pressure this week as the sell-off spread to some of the industry’s largest digital asset treasuries (DATs). As …
BitMine
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Markets
Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy
by shayaanby shayaanBitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, …
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In short BitMine added nearly 112,000 ETH worth about $237 million last week, the largest ETH-denominated purchase this year. The company now …
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Markets
Bitmine made its largest ETH purchase this year despite Tom Lee's slowdown suggestion
by shayaanby shayaanThe company bought 111,942 ether last week worth $237 million, ramping up purchases to take advantage of ETH’s drop below $2,200. www.coindesk.com
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Scams
Tom Lee Outlines Liquidity Catalyst for Ethereum Firm BitMine Following Russell Index Update
by shayaanby shayaanIn brief BitMine Immersion Technologies is set to join the large-cap Russell 1000 Index on June 26, comfortably clearing a $5.7 billion …
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Bitmine, a cryptocurrency mining firm, has been named as a new constituent on the preliminary list for the 2026 Russell 3000 index, …
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Smart Contracts
‘Attractive Opportunity’: Tom Lee’s BitMine Adds $151 Million in Ethereum Amid Price Dip
by shayaanby shayaanIn short BitMine Immersion Technologies added over 71,000 ETH last week as ETH fell 9%. Shares of the company (BMNR) are down …
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Markets
BitMine Buys Another $197 Million In Ethereum As Tom Lee’s 5% ETH Strategy Presses On
by shayaanby shayaanOn-chain data is pointing to another interesting accumulation move by Tom Lee’s BitMine Immersion Technologies, with a whale tracker flagging a $197.64 …
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In brief BitMine added 26,659 ETH or about $62 million worth last week, decreasing its previous pace of ETH purchases. The firm …
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Markets
Bitmine Just Crossed $10 Billion In Staked Ethereum – 88% of Everything It Owns Is Now Locked In
by shayaanby shayaanEthereum has been relatively quiet as Bitcoin pushes above $80,000 and captures most of the market’s attention. ETH is holding its range, …