Tom Lee’s BitMine Adds $92 Million in Ethereum, Hits 4.7% of Total Supply
In brief BitMine added another $92 million in ETH a week after completing its preferred equity offering. The firm now holds more than 4.7% of...
Tag : BitMine
Bitmine snaps up another $90M in ETH as Tom Lee nears 5% supply goal
Bitmine has purchased another 52,203 ETH worth about $90 million, bringing its holdings to 4.7% of Ethereum’s total supply. Summary Bitmine purchased 52,203 ETH worth...
BitMine, Sharplink, Joe Lubin Back New Ethereum Research and Development Lab
In brief Ethlabs is a new non-profit research and development firm founded by former Ethereum Foundation researchers. The organization is being funded by Ethereum co-founder...
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...
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...