The company added just 7,430 ETH, worth about $14 million, last week as it nears its goal to corner 5% of Ethereum’s …
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Analysis
Fundstrat’s Tom Lee Abruptly Lifts Year-End Target for S&P 500, Unveils Firm’s Five Favorite Sectors
by shayaanby shayaanThe head of research and co-founder of the investment management firm Fundstrat says the firm has set a higher year-end target for …
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Analysis
‘Abrupt Change of Market Conditions’ Incoming Later This Year for Stocks, Says Fundstrat’s Tom Lee – Here’s Why
by shayaanby shayaanFundstrat’s Tom Lee says the stock market is headed for an “abrupt change of market conditions” later this year, even as he …
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TL;DR BitMine says its ETH holdings have climbed to 5.67 million tokens. The company also reported total crypto and cash holdings of …
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Bitmine has strengthened expectations for a potential stock rally after Chairman Tom Lee highlighted the company’s chances of joining the Russell 1000 …
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Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest …
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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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Finance
Both Michael Saylor and Tom Lee Have Suffered Losses Exceeding $10 Billion
by shayaanby shayaanThe sharp decline in the cryptocurrency market has also significantly impacted the balance sheets of companies that stand out with their institutional …
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Markets
Tom Lee predicts ether will hit $250,000 as corporate validators take over network control
by shayaanby shayaanThe Bitmine chairman said DeFi and AI could push the Ethereum network’s value into the multi-trillion range, making current prices “future optionality …
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Analysis
Fundstrat’s Tom Lee Says 2027 and 2028 Could Witness the ‘Biggest Gains in the Stock Market in Our Lifetime’ – Here’s Why
by shayaanby shayaanFundstrat’s Tom Lee thinks 2027 and 2028 could represent a one-in-a-lifetime time period for stock gains. Lee says in a new interview …