The 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
BitMine
-
-
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 …
-
Bitmine, a cryptocurrency mining firm, has been named as a new constituent on the preliminary list for the 2026 Russell 3000 index, …
-
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 …
-
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 …
-
In brief BitMine added 26,659 ETH or about $62 million worth last week, decreasing its previous pace of ETH purchases. The firm …
-
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, …
-
In brief The Ethereum Foundation sold about $23 million worth of ETH to BitMine Immersion Technologies. It’s the second straight weekly sale …
-
Markets
Ethereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategy
by shayaanby shayaanThe latest transaction follows a similar March deal in which the foundation sold 5,000 ETH to BitMine, raising roughly $10.2 million. www.coindesk.com
-
Smart Contracts
Tom Lee’s BitMine Buys Another $23 Million in ETH From Ethereum Foundation
by shayaanby shayaanIn short The Ethereum Foundation said it agreed to sell more than $23 million worth of ETH to BitMine Immersion Technologies. This …