In brief The Ethereum Foundation sold about $23 million worth of ETH to BitMine Immersion Technologies. It’s the second straight weekly sale …
BitMine
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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
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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 …
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Markets
Ethereum treasury firm Bitmine reports $3.8 billion Q1 loss in latest filing
by shayaanby shayaanThe largest corporate ether holder posted a $3.8 billion quarterly loss as its pivot from mining to ETH accumulation continues. www.coindesk.com
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In brief BitMine Immersion Technologies bought 71,524 ETH last week, valued around $157 million. The firm now holds more than 4% of …
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Scams
Strategy, BitMine and Robinhood Shares Hit Monthly Lows as Bitcoin Sinks Further
by shayaanby shayaanMajor crypto-related stocks fell sharply Friday, with some hitting their lowest prices in at least a month as markets reacted to continued …
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Bitmine has increased its bet on Ethereum (ETH) with a $137 million purchase, as the King of Altcoins reclaims the crucial $2,150 …
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Markets
Ether surges 10%, leading crypto rebound as ETF demand, Bitmine buying pick up
by shayaanby shayaanFresh ETF inflows, digital asset treasury buying and a shift away from bitcoin to altcoins are helping lift the second-largest cryptocurrency. www.coindesk.com
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Scams
Tom Lee’s BitMine Buys $10.2 Million in ETH Directly From Ethereum Foundation
by shayaanby shayaanThe Ethereum Foundation has made another ETH sale directly to a publicly traded treasury company, announcing Saturday that it sold some of …
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Markets
Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal
by shayaanby shayaanThe funds will support the EF’s core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance …