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Tom Lee Buys More Than 71K ETH, Calls Crypto 'Good Wartime Store Of Value' - BitMine Immersion (AMEX:BMNR
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8 Articles
Tom Lee Buys More Than 71K ETH, Calls Crypto 'Good Wartime Store Of Value' - BitMine Immersion (AMEX:BMNR
Bitmine Immersion Technologies (NYSE:BMNR) purchased 71,179 ETH last week, bringing total holdings to 4.73 million ETH worth $9.8 billion as Chairman Tom Lee called crypto a “good wartime store of value” amid the Iran conflict. The Wartime Outperformance Bitmine accelerated its weekly purchase pace from an average of 45,000-50,000 ETH to 71,179 ETH, betting that Ethereum (CRYPTO: ETH) is in the final stages of a “mini-crypto winter.” “As the Ira…
Bitmine Buys 71K ETH as Tom Lee Says Crypto Is “Wartime Store of Value”
Bitmine buys 71K ETH in a week, now holding 4.73M ETH, nearly 4% of total supply. Tom Lee calls crypto a “wartime store of value” as ETH outperforms stocks by 11.6%. Bitmine stakes 3.14M ETH via MAVAN, generating $177M annually, the largest ETH treasury globally. Bitmine Immersion Technologies purchased 71,179 ETH in one week, expanding its treasury amid rising geopolitical tensions. Chairman Tom Lee described crypto as a “wartime store of value…
BitMine Buys 71,179 ETH as Institutional Outflows Hit Ethereum
Key Highlights • BitMine now holds over 4.73 million ETH, nearly 3.9% of total supply after its largest 2026 purchase • Ethereum investment products saw $222M in outflows, showing institutions pulling back while BitMine doubles down Yello Paradisers! While institutions quietly step back from Ethereum, one player is buying more aggressively than ever, is this confidence or calculated timing? BitMine Immersion Technologies has significantly increa…
Bitcoin Insider
CoinjournalBitmine hits 4.73M ETH with biggest 2026 buy amid outflows
Bitmine has increased its Ethereum (ETH) holdings to over 4.73 million. The company is adding to its ETH treasury strategy despite market struggles. Ethereum price holds near $2,000. Bitmine Immersion Technologies, led by Tom Lee, has accelerated its Ethereum acquisitions, marking its largest purchase of 2026 so far. According to a company update, Bitmine’s total […] The post Bitmine hits 4.73M ETH with biggest 2026 buy amid outflows appeared fi…
Bitmine Immersion, with its latest purchases, has increased its total Ethereum (ETH) holdings to over 4.7 million, holding approximately 4% of the circulating supply. Bitmine Immersion, one of the giant institutional investors in the cryptocurrency world,… The World's Largest Ethereum Company Made More Purchases This Week:...
BitMine Immersion Technologies, the firm linked to Tom Lee, once again expanded its treasury of Ethereum with a purchase of 71,179 ETH valued at about $146 million, while Strategy temporarily interrupted its usual acquisition streak of Bitcoin. The movement takes place in a market marked by geopolitical tension, pressure on traditional stocks and heavy unrealised losses for large crypto treasury companies. *** BitMine added 71,179 ETH last week …
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