Tag: BitMine

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Bitmine Adds $70M in Ethereum as Treasury Strategy Nears 5% Supply Target

Bitmine Adds $70M in Ethereum as Treasury Strategy Nears 5% Supply Target

What to know: Bitmine purchased 40,000 Ethereum worth $70 million, pushing holdings near 5% of the circulating supply through a steady treasury a [...]
Bitmine Expands Ethereum Treasury to 5.74 Million ETH as Assets Surpass $11 Billion

Bitmine Expands Ethereum Treasury to 5.74 Million ETH as Assets Surpass $11 Billion

What to Know Bitmine acquired 42,197 ETH, raising total holdings to 5.74 million ETH and pushing total balance sheet assets above $11 billion. [...]
Bitmine Nears 5% Ethereum Supply Goal With 5.7 Million ETH Holdings

Bitmine Nears 5% Ethereum Supply Goal With 5.7 Million ETH Holdings

Bitmine acquired 27,084 ETH reaching 5.7 million holdings Monday alone. Lee cited market weakness despite positive Ethereum ecosystem developme [...]
Bitmine Expands Ethereum Treasury to Nearly Five Million Staked ETH

Bitmine Expands Ethereum Treasury to Nearly Five Million Staked ETH

What to Know Bitmine expanded Ethereum treasury with 160,480 additional ETH through strategic staking operations. Ethereum remains below key t [...]
Bitmine Nears 5% Ethereum Supply Goal as Treasury Reaches 5.67M ETH

Bitmine Nears 5% Ethereum Supply Goal as Treasury Reaches 5.67M ETH

Bitmine now holds 5.67 million ETH, nearing its supply target. More than 83% of holdings remain staked, generating revenue. Total assets rea [...]
BitMine Adds $213 Million ETH While Sitting on Huge Paper Losses

BitMine Adds $213 Million ETH While Sitting on Huge Paper Losses

What to know: BitMine purchased $213 million worth of Ethereum despite holding massive unrealized losses. The company holdings reached $9.32 b [...]
Bitmine Targets New Capital Raise as Ethereum Treasury Grows Larger

Bitmine Targets New Capital Raise as Ethereum Treasury Grows Larger

What to know: Bitmine plans a preferred stock offering to fund Ethereum purchases and staking. Ethereum holdings reached 5.4 million ETH despi [...]
BitMine Adds Another $50 Million in Ethereum as Treasury Strategy Expands

BitMine Adds Another $50 Million in Ethereum as Treasury Strategy Expands

BitMine acquired 25,000 ETH worth $50.4 million from Kraken. The purchase follows BitMine's earlier $237 million Ethereum accumulation. Ethe [...]
Bitmine Accelerates Ethereum Buying Spree as Holdings Near 5% Supply Target

Bitmine Accelerates Ethereum Buying Spree as Holdings Near 5% Supply Target

Bitmine expands Ethereum holdings with aggressive weekly accumulation strategy continuing Staking operations generate strong revenue as institu [...]
Ethereum Foundation Dumps Another $23M ETH as Bitmine Doubles Down Big

Ethereum Foundation Dumps Another $23M ETH as Bitmine Doubles Down Big

Ethereum Foundation sells millions in ETH as Bitmine expands staking Bitmine ramps up Ethereum staking while foundation continues large sales [...]
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