Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.
Cointelegraph•Cointelegraph by Sam Bourgi17 Aug
The firm says it's 96% of the way to owning 5% of Ethereum's total supply, according to Chairman Tom Lee.
CoinDesk•Helene Braun17 Aug
BitMine's ETH treasury grew to 5.82 million ETH, or about 4.8% of Ethereum's total supply, while its weekly share buyback fell to 1.7 million shares, the third consecutive decline.
Bitmine added 9,926 ETH last week, taking holdings to 5.82 million tokens while buybacks reached 20.8 million shares since July.
The Block•Brian Danga17 Aug
Bitmine's growing ETH holdings could influence market dynamics, potentially boosting Ethereum's prominence in future crypto cycles.
CryptoBriefing•Editorial Team17 Aug
Norges Bank Investment Management also disclosed a new $88 million stake in Ethereum treasury firm Bitmine.
The Block•James Hunt14 Aug
Norway’s sovereign wealth fund disclosed 6.15 million BitMine shares worth $81.87M, giving it indirect exposure to Ethereum.
Norway's wealth fund investment in BitMine could drive institutional interest in Ethereum, impacting market dynamics and staking strategies.
CryptoBriefing•Editorial Team13 Aug
The fund reported holding 6.15 million BMNR shares at June 30, giving it indirect Ethereum exposure through a listed company.
The Defiant•The Defiant Team13 Aug
Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price appreciation, analysts told Cointelegraph.
Cointelegraph•Cointelegraph by Zoltan Vardai13 Aug
BitMine Immersion Technologies has added another 7,391 ETH to its balance sheet, pushing its Ethereum treasury to about 5.81 million ETH.
NewsBTC•NewsBTC Editorial Team11 Aug
Bitmine Immersion Technologies scooped up another 7,391 ether tokens last week, lifting its ethereum war chest to 5.81 million ETH and putting the company within striking distance of controlling 5% of the entire ethereum supply. The Norwalk, Connecticut, company, trading under the ticker BMNR, now sits comfortably as the largest corporate ethereum holder and the […]
Bitcoin.com News•Jamie Redman10 Aug
Bitmine Chairman Tom Lee believes Robinhood Chain could become one of 2026’s biggest crypto success stories by connecting the brokerage’s 27 million customers with Ethereum-based financial services. Tom Lee sees Robinhood Chain accelerating ETH adoption Lee, who chairs Ethereum treasury…
BitMine added 7,391 ETH and repurchased three million shares last week, but BMNR stock fell as its recovery ran into resistance near $18.63. BitMine moves closer to its 5% Ethereum target BitMine Immersion Technologies acquired another 7,391 Ethereum (ETH) over…
Bitmine has reported 4.8% of the supply for five straight weeks, leaving its 'Alchemy of 5%' target roughly 230,000 tokens away.
Bitmine bought 7,391 ether last week, lifting its total Ethereum treasury to 5.81 million ETH, worth roughly $11 billion.
The Block•Brian Danga10 AugBitmine bought 7,391 ether last week, lifting its total Ethereum treasury to 5.81 million ETH, worth roughly $11 billion.
The Block•Brian Danga10 Aug
CoinDesk•Krisztian Sandor10 AugThe latest ETH purchase was significantly smaller than many of the previous ones.