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Bitmine adds $68 million in ether as Tom Lee sees more upside catalysts ahead

Summary by Decrypt

The purchase brings the company closer to its goal of owning 5% of Ethereum’s supply, with most of its tokens earning staking rewards.

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15 Articles

Coin Desk

Center

Bitmine adds $68 million in ether as Tom Lee sees more upside catalysts ahead

6 hours ago·New York, United States

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Bitnewsbot

BitMine Buys 27,180 ETH, Closes In On 5% Ethereum Stake

BitMine Immersion Technologies announced Monday it acquired one Bitcoin and added 27,180 Ethereum (ETH) over the past week, bringing its total ETH stack to

2 hours ago

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ProCoinNews

BitMine Nears 5% of Ethereum Supply After Adding 28,086 ETH

BitMine added 28,086 ETH, lifting its holdings to 5.93 million tokens as the company moved within striking distance of its goal to own 5% of Ethereum's supply.

2 hours ago

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Decrypt

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BITRSS

Bitmine Adds $68 Million in Ethereum as Holdings Near 6 Million ETH

The purchase brings the company closer to its goal of owning 5% of Ethereum’s supply, with most of its tokens earning staking rewards.

3 hours ago·New York, United States

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Criptoinforme

Bitmine Buys 27.180 ETH and Approaches Its Target to Control 5% of Ethereum

Bitmine further expanded its Ethereum reserves with a purchase of 27.180 ETH valued at about 68 million dollars, while its president, Tom Lee, identifies new signals that could favor the asset against Bitcoin in the coming months. Bitmine’s accumulation strategy continues to advance at a sustained pace. [...] The Bitmine entry buys 27.180 ETH and approaches its goal of controlling 5% of Ethereum was first published in Cryptoreport.

3 hours ago

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Blockonomi

Bitmine (BMNR) Stock: Company Approaches Historic 5% Ethereum Supply Milestone with Latest $68M Purchase

Bitmine (BMNR) purchased 27,180 ETH worth $68M, bringing total holdings to 5.96M tokens. Tom Lee highlights ETH-BTC ratio breakout and staking revenue growth.

4 hours ago

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