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...
Tag : BitMine
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...
Tom Lee's BitMine Buys $52 Million in Ethereum as Strategy Sells Bitcoin
In brief ETH treasury firm BitMine Immersion Technologies added another $52 million in Ethereum. Meanwhile, its Bitcoin counterpart Strategy sold $2.5 million worth of BTC...
Tom Lee’s Bitmine buys 26,497 ETH, lifting holdings to 5.42M ETH
Bitmine Immersion Technologies has added 26,497 ETH over the past week, bringing its Ethereum holdings to 5.42 million tokens as the firm moves closer to...
Ethereum Price Prediction: Tom Lee Is Back Buying ETH as BitMine Approaches 5% Supply
Tom Lee isn’t slowing down, his led BitMine Immersion Technologies just executed its largest single ETH purchase of the year, supporting their price prediction for...
Tom Lee's BitMine Makes Biggest Ethereum Buy Yet in 2026
In brief BitMine added nearly 112,000 ETH valued around $237 million last week, its biggest ETH-denominated buy this year. The firm now holds nearly 5.4...
Strategy and BitMine pause as 4 firms add $47.5m in Bitcoin
Strategy added no Bitcoin between May 18 and May 24, according to Lookonchain’s weekly report. Summary Strategy bought no Bitcoin last week as Michael Saylor’s...
Tom Lee Outlines Liquidity Catalyst for Ethereum Firm BitMine Following Russell Index Update
In brief BitMine Immersion Technologies is set to join the large-cap Russell 1000 Index on June 26, comfortably clearing a $5.7 billion large-cap threshold. The...
'Attractive Opportunity': Tom Lee's BitMine Adds $151 Million in Ethereum Amid Price Dip
In brief BitMine Immersion Technologies added more than 71,000 ETH last week as ETH slid by 9%. Shares in the firm (BMNR) are down more...