Bitmine’s (BMNR) ETH buys are catching Strategy’s bitcoin (BTC) accumulation pace
A second corporate accumulator of cryptocurrency is starting to look a lot like the first. Bitmine Immersion Technologies (BMNR), the…
Tag: BitMines
Bitmine’s Tom Lee calls ether ‘the wartime store of value’ as holdings hit 4.87 million ETH
Bitmine Immersion Technologies (BMNR) now holds 4.87 million ether worth $10.7 billion and is 81% of the way to its…
Bitmine’s ETH treasury hits 4.8 million tokens BMNR stock uplists to NYSE
Bitmine Immersion Technologies (BMNR) said it now holds 4.8 million ether (ETH) worth roughly $10.2 billion at current prices, putting…
Bitmine’s Tom Lee says bottom may be near
BitMine executive Tom Lee discussed Ethereum’s price outlook at Consensus, saying past downturns have always ended in sharp, “V-shaped” recoveries.…
Bitmine’s Ethereum Treasury Swells to 4.3M ETH—Unrealized Losses Mount
Bitmine disclosed Monday that it now holds more than 4.3 million ether, a massive position that places the digital asset…
Tom Lee Defends Bitmine’s Ethereum Treasury Strategy
Bitmine is facing criticism online over large unrealized losses tied to its Ethereum holdings, but Chairman Tom Lee says the…
Tom Lee says BitMine’s $6 billion ETH loss is “by design”
BitMine Immersion chairman Tom Lee pushed back against criticism of its growing paper losses this week, saying the drawdown reflected…
Bitmine’s Tom Lee and Pantera’s Dan Morehead unfazed by current price struggles
New York — Bitcoin BTC$78,937.14 may be locked in a difficult market now, but long-term investors should be looking far…
BitMine’s $200 million MrBeast investment seen as strategic diversification: B. Riley
The investment gives BitMine exposure to consumer media and potential DeFi revenue streams, strengthening its treasury strategy beyond ether accumulation.…
Bitmine’s Ethereum Stash Hits 3.73M Tokens Amid Fresh Accumulation Push
Bitmine has pushed its ether haul even higher, amassing one of the largest ETH treasuries on the planet as it…