Tag
BitMine
5 articles
BitMine Closes on 5% ETH Supply Target, Holds 6 Million
BitMine, an Ethereum treasury company, expects to reach its 5 percent accumulation goal by early November, prompting Chairman Tom Lee to outline future ETH strategy.
Tom Lee: ETH/BTC Ratio Breakout Points to ICO- and NFT-Scale Gains
Fundstrat's Tom Lee, now BitMine chairman, says tokenization and agentic AI will drive the ETH/BTC ratio well above its current 0.02994 reading.
BitMine's ETH Holdings Drop to $11.3B on Price Mark as Firm Adds 10,399 ETH
BitMine's total holdings fell $500M to $11.3B as a lower ETH mark offset a week of accumulation, bringing its staked position to 4.9M ETH yielding $247M annualized.
BitMine Adds 42,197 ETH, Bringing Holdings to 4.8 Percent of Circulating Supply
The NYSE-listed Ethereum treasury company spent $73 million on ETH over the past week, lifting total reserves to 5.74 million ETH.
Ethereum Foundation Offloads 10,000 ETH to BitMine as Market Eyes Supply Dynamics
The Ethereum Foundation completed its third over-the-counter sale to BitMine, moving 10,000 ETH worth $23,260,000, raising questions about market supply and long-term treasury strategy.