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The addition of nearly 61,000 ETH last week by Bitmine Immersion Technologies pushed its holdings to about 4.6 million ETH, roughly 3.8% of the total supply. The firm now oversees an $11.5 billion portfolio spanning crypto, cash, and strategic investments. Bitmine’s Ethereum Stack Nears 4.6 Million After Latest Buy BitMine Immersion Technologies is rapidly consolidating … Read more
The Ethereum Foundation paired a $10.2 million ether sale with a sweeping new manifesto this week, signaling that while it still helps fund the network’s development, it no longer sees itself as Ethereum’s central authority. The $10.2M Ethereum OTC Deal On March 14, the Ethereum Foundation (EF) confirmed it completed an over-the-counter (OTC) sale of … Read more
Bitmine Immersion Technologies said Monday it now holds 4.47 million ether and nearly $9.9 billion in combined crypto, cash, and strategic investments, positioning the Las Vegas-based firm as the world’s largest ethereum treasury company by holdings. The company’s acquisition follows Strategy revealing it snagged 3,015 BTC this past week. Bitmine Acquired 50,928 ETH This Week … Read more
Bitmine Immersion Technologies says it now holds 4.423 million ethereum, pushing total crypto and cash reserves to $9.6 billion as it doubles down on its bid to control 5% of the ETH supply. BMNR Ranks Among Most Traded U.S. Stocks With $0.7B Daily Volume Bitmine Immersion Technologies (NYSE American: BMNR) disclosed that its total crypto, … Read more
Bitmine Immersion Technologies has added another 45,759 ethereum to its treasury, boosting its already massive stash as Chairman Tom Lee doubles down on ether during what he calls a market “mini-winter.” Bitmine’s ETH Holdings Hit 4.37M Tokens After Latest Buy Bitmine said Feb. 17 that it acquired 45,759 ETH for roughly $91.4 million at an … Read more
Bitmine disclosed Monday that it now holds more than 4.3 million ether, a massive position that places the digital asset treasury firm roughly $480 million underwater as ETH trades below its average purchase price. Bitmine Doubles Down on Ethereum While Paper Loss Nears Half a Billion Bitmine Immersion Technologies said it holds 4,325,738 ETH, acquired … Read more
Bitmine is facing criticism online over large unrealized losses tied to its Ethereum holdings, but Chairman Tom Lee says the claims misunderstand how an ETH-focused treasury strategy works. Bitmine Pushes Back on Claims of Massive Ethereum Losses A public debate has emerged around Bitmine Immersion Technologies’ ethereum holdings. An X user claimed Bitmine’s ETH position … Read more
Bitmine Immersion Technologies has crossed a milestone that is hard to ignore: the firm now controls 3.55% of Ethereum’s total token supply, putting it more than 70% of the way toward its self-styled “Alchemy of 5%” goal in just six months, according to company disclosures. Digital Asset Firm Bitmine Deepens Ethereum Bet Bitmine Immersion Technologies … Read more
Bitmine Immersion Technologies (BMNR) has taken another oversized step into the crypto treasury race, revealing ethereum holdings that now rival sovereign-scale balance sheets. Bitmine Ramps up Ethereum Accumulation Bitmine said on Monday that its ethereum ( ETH) holdings have climbed to 4.243 million tokens, helping lift total crypto and cash assets to $12.8 billion as … Read more
On the very same day Strategy revealed locking in its $2 billion bitcoin buy, Bitmine Immersion Technologies quietly bulked up its ethereum stack to 4.203 million ETH, snapping up 35,268 tokens over the past week and further cementing its title as the world’s largest ethereum treasury holder. Bitmine’s Ether Treasury Swells The update came in … Read more