TL;DR BitMine says its ETH holdings have climbed to 5.67 million tokens. The company also reported total crypto and cash holdings of …
Lees
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Finance
Tom Lee’s Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
by shayaanby shayaanIn brief BitMine raised ~$274 million by selling 3.5 million shares of preferred stock at $80/share, less fees. Proceeds will fund Ethereum …
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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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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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In brief The Ethereum Foundation sold about $23 million worth of ETH to BitMine Immersion Technologies. It’s the second straight weekly sale …
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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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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
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 …