Bitmine (NYSE: BTMN) Acquires $74M In Ethereum And Declares Crypto Bull Market Already In Motion
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.9 Articles
9 Articles
Bitmine (NYSE: BTMN) Acquires $74M In Ethereum And Declares Crypto Bull Market Already In Motion
Bitmine Immersion Technologies (NYSE: BTMN) extended its unbroken Ethereum buying streak this week, adding 27,562 ETH valued at approximately $74 million to its growing treasury. Chairman Tom Lee declared that a fresh crypto bull market has been underway since late June, asserting that institutional investors remain largely on the sidelines. The company said its total […]
While the question of whether the rise in Ethereum (ETH) price will continue is being debated, Tom Lee, co-founder of Fundstrat and Chairman of the Board of BitMine, made noteworthy statements about the market's largest altcoin. Lee believes that Ethereum could reach its all-time high and surpass $5,000 before the end of 2026. In his interview, he stated that Ethereum has been consolidating in a wide price range for about five years […] Source: …
Ethereum (ETH) Price: ETH Moves Toward $3,400 as Bitmine Nears 5% of Supply
TLDR Ethereum rose from a July low near $1,510 to a late-September peak of about $2,777. Analyst Michael van de Poppe says a break higher could send ETH toward $3,400. Bitmine now holds 5,983,940 ETH, about 4.9% of Ethereum’s total supply. Bitmine has staked about 85% of its ETH and projects $357 million in yearly [...]
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