BitMine Immersion Technologies news – page 2

Bitmine purchased another $69 million of ETH, with Tom DeMark expecting price uptrend to soon resume

CoinDesk•Krisztian Sandor8 Sept

How Bitmine could surpass its 5% Ethereum goal without buying more ETH

A two-year model needs about 74% reward retention with flat ETH supply, rising to 96.5% at 0.5% annual supply growth.

CryptoSlate•Oluwapelumi Adejumo6 Sept

Bitmine Immersion Technologies soars 46% in August as Ethereum treasury strategy pays off

Bitmine's strategic shift to Ethereum highlights the growing appeal of staking revenues, potentially reshaping corporate crypto treasury models.

CryptoBriefing•Editorial Team3 Sept

Bitmine Scooped Even More ETH in 65th Week of Buys

BitMine added 53,501 ETH in its largest weekly buy since June, extending a 65-week streak. Ethereum trades near $2,474 as $2,500 resistance holds firm.

Coinspeaker•Daniel Francis1 Sept

BitMine Adds 53,501 ETH In $131M Corporate Treasury Move

BitMine has added 53,501 ETH to its corporate treasury in a $131 million acquisition, giving the market another example of public-company balance sheets movi...

NewsBTC•NewsBTC Editorial Team1 Sept

Ethereum Price Holds as Tom Lee’s BitMine Makes Biggest ETH Buy Since June

Ethereum trades near $2,459 as Tom Lee's BitMine makes its largest ETH purchase since June. Key levels, technicals, and a rising L3 presale to watch.

CryptoNews•Ahmed Barakat1 Sept

Strategy Snaps Its Bitcoin Pause as Bitmine's ETH Buying Streak Continues

Strategy and Bitmine now own more than 4% of Bitcoin and Ethereum's supply, respectively, after fresh buys.

Bankless•Bankless31 Aug

BitMine’s Staked ETH Holds at 5.07 Million as Treasury Grows

The $12.7 billion staked balance was unchanged in four weekly readings, while BitMine added 53,501 ETH and reported $335 million in annualized staking revenue.

The Defiant•The Defiant Team31 Aug

Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH

Bitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses.

Cointelegraph•Cointelegraph by Sam Bourgi31 Aug

BitMine adds 53,501 ETH as holdings reach 5.9M

BitMine Immersion Technologies has purchased another 53,501 ETH, lifting its Ethereum treasury to 5,901,112 tokens worth about $14.54 billion at the time of writing. BitMine’s Ethereum holdings have reached 5.9 million ETH BitMine Immersion Technologies said in its latest treasury…

Crypto.news•Lawrence Mondal31 Aug

BitMine is now 133,900 ETH short of its 5% treasury goal

BitMine’s Ethereum treasury has reached 5.90 million ETH, leaving the company 133,900 tokens away from its 5% ownership target.

AMBCrypto•Adewale Olarinde31 Aug

Tom Lee's Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June

The purchase lifts Bitmine's stash to 5.9 million ETH—4.9% of supply—as chairman Tom Lee points to crypto's strong third quarter.

Decrypt•Decrypt Agent31 Aug

Tom Lee says ether is ‘best performing macro asset’ as Bitmine adds 53,501 ETH

Tom Lee's Bitmine acquired 53,501 ETH over the past week, expanding its corporate treasury to 5.9 million ether tokens.

The Block•Brian Danga31 Aug

Tom Lee’s Bitmine Buys 53,501 ETH as Ethereum’s Price Fights for $2,500

On Monday, the publicly traded firm Bitmine Immersion Technologies announced that it has pushed its ethereum treasury holdings to 5.90 million ETH, putting Tom Lee’s digital asset treasury (DAT) heavyweight within striking distance of controlling 5% of the network’s circulating supply just as ETH prices close out a blistering August comeback. The Connecticut-based company disclosed […]

Bitcoin.com News•Jamie Redman31 Aug

Strive Keeps Buying Bitcoin: Another 1,800 BTC Push Holdings Past 23K

It's a crypto-accumulation day today, as Strive has joined Strategy and Bitmine.

CryptoPotato•Jordan Lyanchev31 Aug

BitMine acquires 53,501 Ethereum for $131M, pushing total holdings past 5.9 million ETH

BitMine's aggressive ETH acquisition and staking strategy could reshape corporate treasury management, influencing broader crypto market dynamics.

CryptoBriefing•Editorial Team31 Aug

Bitmine makes largest ether purchase since June as Tom Lee points to crypto's strong Q3

CoinDesk•Krisztian Sandor31 Aug

BitMine Buys Another 53,501 ETH as Ethereum Stash Blows Past 5.9M

The largest Ethereum accumulator has ramped up its efforts.