Tom Lee ignites Bitmine rally hopes with Russell 1000 push
Bitmine has strengthened expectations for a potential stock rally after Chairman Tom Lee highlighted the company’s chances of joining the Russell 1000 index ahead of...
Tag : BitMine
Tom Lee's BitMine Adds $139 Million in Ethereum Ahead of Preferred Share Trading Start
In brief BitMine added more than $139 million in Ethereum last week as it completed its preferred share offering. Preferred shares of BMNP will begin...
Ethereum Price Halts Near $1,700 as BitMine Fires Huge ETH Buy At Bears
Ethereum News: ETH Price is trading at $1,691, clawing back from a June low near $1,505 but still pinned below the resistance zone that has...
Bitmine boosts Ethereum treasury to 5.54M ETH, nearing 5% supply target
Bitmine Immersion Technologies increased its Ether holdings to 5.54 million ETH after acquiring nearly 127,000 tokens over the past week, bringing its treasury to 4.59%...
Tom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum
Leading Ethereum treasury firm BitMine Immersion Technologies made its largest ETH-denominated purchase of 2026 last week, adding 126,971 ETH or around $214 million worth of...
Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
In brief BitMine raised ~$274 million by selling 3.5 million shares of preferred stock at $80/share, less fees. Proceeds will fund Ethereum acquisitions, staking infrastructure,...
Ethereum News Today: BitMine to Raise $300M in Preferred Stock to Buy ETH
In Ethereum News today, BitMine Immersion Technologies filed with the SEC on Wednesday to launch a Series A Perpetual Preferred Stock offering, 3 million shares...
Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push
In brief BitMine is seeking to raise up to $300 million for its ETH treasury strategy. The shares would carry a $100 stated amount and...
Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook
Ethereum treasury company Bitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, borrowing a page from Strategy’s financing playbook. Bitmine told the...
Bitmine buys $52M ETH as Tom Lee says price not yet showing Ethereum’s strength
Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting...