BitMine Immersion ETH Holdings Exceed $2 Billion of Ethereum to Advance Its Ethereum Treasury Strategy
13 Articles
13 Articles
ETH LEADS, MONEY SUPPLY HITS ATH, PUNKS CONTINUE TO SURGE
BTC dips as jobs data diminishes Fed rate cut hopes. US crypto inflows surge hit $60b YTD. Strategy increases pref stock offering to $2b. Tokyo’s Quantum Solutions plans to buy 3k BTC. ETH could outperform BTC for 6 months: Novogratz. Galaxy begins to sell large clips of BTC. BitMine plans $2.5b stock sale to buy ETH. SOL founder roadmaps low-latency on-chain trading. WindTree Therapeutics raises $520m to buy BNB. Expect stablecoin supply to sur…
Tom Lee’s BitMine Now Holds Largest Corporate Ethereum Treasury
BitMine Immersion Technologies, which is managed by Wall Street analyst Tom Lee, has become a big player in the cryptocurrency market by creating the largest corporate Ethereum (ETH) treasury, which is worth more than $2.1 billion. This strategic shift aligns with MicroStrategy’s Bitcoin accumulation methodology, positioning BitMine as a pioneer in corporate cryptocurrency adoption. BitMine has quickly bought 560,000 ETH after raising $250 milli…
BitMine Acquires Over $2B in Ethereum in 16 Days Amid Treasury Arms Race
BitMine Immersion Technologies has accumulated over $2 billion worth of Ethereum (ETH) in just 16 days, rapidly positioning itself as the largest corporate holder of the asset. The aggressive buying spree has added over 566,000 ETH to its treasury, marking a major shift in how companies are now treating digital assets, especially Ethereum, as core […] The post BitMine Acquires Over $2B in Ethereum in 16 Days Amid Treasury Arms Race appeared firs…
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