Bitmine
Coverage of Bitmine in the Nexus archive.
- Bitmine adds $19.6M in ETH, repurchases 4.5M shares
Bitmine added $19.6 million in ETH and repurchased 4.5 million shares. The company now holds approximately 4.8% of Ether’s circulating supply, moving closer to its 5% acquisition target.
- Tom Lee’s Bitmine Buys More Ethereum, Adds to Stock Buyback
Tom Lee’s Bitmine added 10,399 ETH last week, increasing its holdings to nearly 5.8 million ETH as it aims to own 5% of Ethereum's circulating supply. The company is actively expanding its Ethereum treasury.
- Tom Lee says ether outperformed Nasdaq 100 in July as Bitmine adds 10,399 ETH
Tom Lee highlighted that ether outperformed the Nasdaq 100 in July, and Bitmine added 10,399 ETH to its treasury, which now holds 5.8 million ETH tokens.
- Cathie Wood’s Ark Invest sells Bitmine, Bullish, Block shares as crypto stocks dip
Cathie Wood’s Ark Invest sold shares in Bitmine, Bullish, and Block as crypto stocks declined. The firm also purchased 128,932 shares of SpaceX valued at approximately $14.5 million.
- Bitmine keeps buying Ether as ETH outperforms Bitcoin
Bitmine has increased its Ether holdings by nearly 10,000 ETH in a week, totaling 5.79 million Ether, with 85% staked via validator operations.
- Bitmine adds nearly 10,000 ETH while repurchasing 6.1 million common shares
Bitmine added nearly 10,000 ETH to its holdings and repurchased 11.6 million common shares as part of its $4 billion share repurchase program.
- Bitmine buys more ether as Tom Lee says rising ETH/BTC ratio points to stronger crypto prices
Bitmine has purchased more ether, and Tom Lee notes that an increasing ETH/BTC ratio suggests stronger cryptocurrency prices.
- Bitmine grows treasury to 5.78M ETH as Ether outpaces Bitcoin
Bitmine, an Ethereum treasury firm, increased its holdings by 7,430 ETH in the past week, reaching a total of 5.78 million ETH. This brings their holdings to nearly 5% of Ethereum's circulating supply as Ether surpasses Bitcoin in performance.
- Tom Lee's Bitmine Taps the Brakes on ETH Buys, Pivots $86M Into Stock Buyback
Bitmine Chairman Tom Lee announced the company has slowed Ethereum purchases and allocated $86 million to a stock buyback, repurchasing 5.5 million common shares.
- Bitmine expands Ethereum treasury to 5.78 million ETH, repurchases 5.5 million shares
Bitmine expanded its ether treasury to 5.78 million ETH and repurchased 5.5 million shares under its $4 billion buyback program.
- Tom Lee's Bitmine slowed ether purchases as it bought back $86 million in stock.
Tom Lee's Bitmine slowed ether purchases as it repurchased $86 million in stock. The company's actions indicate a strategic shift in its cryptocurrency and stock management approach.
- Bitmine says ETH staking generated $45.7 million, accounting for 98% of quarterly revenue
Bitmine generated $45.7 million from Ethereum staking, which accounted for 98% of its quarterly revenue. The company also expanded its MAVAN operations during the period.
- Team Behind Ethereum's Institutional Privacy Push Spins Out For-Profit Firm EthSystems
The team behind Ethereum's institutional privacy push has launched a for-profit firm called EthSystems. Backers including Bitmine and Joe Lubin are investing in the development of a privacy layer for institutions using public blockchains.
- Bitmine generated $46M from Ethereum staking last quarter
Bitmine generated $46 million in revenue from Ethereum staking last quarter, which accounted for 98% of its total revenue. The company shifted focus from Bitcoin mining as its March validator launch accelerated this transition.
- Ethereum Foundation privacy team spins out as for-profit EthSystems to serve institutions with Lubin, Bitmine backing
The Ethereum Foundation's privacy team has spun out as a for-profit company called EthSystems, backed by Lubin and Bitmine. The startup will develop technology and offer consulting to help institutions operate on Ethereum while maintaining confidentiality.
- BitMine Buys $49 Million in Ethereum as Tom Lee Hails Early Robinhood Chain Demand
BitMine purchased $49 million in Ethereum, and Tom Lee, BitMine Chairman, noted that Ethereum is benefiting from the early success of the Robinhood Chain layer-2 network.
- Tom Lee's BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply
Tom Lee's BitMine ether holdings increased to 5.77 million tokens, representing 4.8% of the total ether supply.
- Tom Lee says users ‘starting to see Ethereum as money’ as Bitmine adds 27,801 ETH
Tom Lee highlights growing Ethereum adoption as users view it as money, while Bitmine adds 27,801 ETH, bringing its total holdings to 5.77M ETH (4.8% of the supply). The article cites Robinhood Chain as a driver of everyday user adoption.
- Tom Lee’s Bitmine adds $70 million worth of ETH to treasury: onchain analyst
Bitmine, associated with Tom Lee, has added $70 million worth of ETH to its treasury. The company currently holds 5.74 million ETH, equivalent to 4.8% of Ethereum's circulating supply.
- Ether climbs toward $2K as Bitmine buys ETH, Robinhood L2 boost
ETH is approaching $2,000 due to TradFi adoption, DAT buying, and a network upgrade, with Bitmine purchasing ETH and Robinhood enhancing its L2 infrastructure.
- Tom Lee’s BitMine Adds $73 Million in Ethereum While Strategy Dumps Bitcoin
BitMine added $73 million in Ethereum through its strategy while a Bitcoin treasury firm reduced its holdings. The article highlights contrasting investment approaches between Ethereum and Bitcoin.
- Bitmine added another $74 million in ether as Tom Lee bets on Clarity Act boost
Bitmine added $74 million in ether, and Tom Lee is betting on a boost from the Clarity Act. The developments highlight increased investment and optimism in the cryptocurrency sector.
- ‘An honest, neutral counterpart:’ Bitmine, Sharplink and Joe Lubin back new Ethereum Institutional non-profit
Bitmine, Sharplink, and ConsenSys CEO Joseph Lubin are backing a new Ethereum-focused non-profit called Ethereum Institutional, which positions itself as 'an honest, neutral counterpart' for institutional purposes.
- Ethereum backers launch nonprofit to lead institutional adoption efforts
Ethereum backers, including Joe Lubin, BitMine, and SharpLink, have launched a nonprofit to act as a liaison for financial institutions exploring Ethereum. The initiative aims to position Ethereum as a competitive option in a growing institutional capital landscape.
- Bitmine lifts Ether holdings to 5.7M as it joins Russell 1000
Bitmine increased its Ether holdings to 5.7 million and purchased $43 million worth of Ether last week after joining the Russell 1000 Index. The company aims to own 5% of Ether's total supply.
- Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28
Binance has ceased operations in Europe after failing to obtain a license, while EthLabs, a new nonprofit supported by BitMine and Joe Lubin, aims to drive Ethereum adoption.
- Bitmine, Sharplink and Joe Lubin back Ethereum R&D nonprofit
Bitmine, Sharplink, and Joe Lubin are supporting Ethlabs, a nonprofit focused on Ethereum research and development. Sharplink states Ethlabs aims to prepare the Ethereum network for institutional demands related to stablecoins, tokenization, and AI.
- BitMine, Sharplink, Joe Lubin Back New Ethereum Research and Development Lab
BitMine, Sharplink, and Joe Lubin are collaborating to fund a new Ethereum research and development lab aimed at enhancing the Ethereum network and ETH.
- Bitmine, SharpLink and Joe Lubin back Ethlabs nonprofit to advance Ethereum’s ‘next phase’ of growth
Ethlabs, a nonprofit focused on advancing Ethereum’s next phase of growth, is backed by Joe Lubin and the two largest ETH DATs, Bitmine and SharpLink, with an emphasis on institutional adoption.
- Tom Lee’s BitMine Adds $92 Million in Ethereum, Hits 4.7% of Total Supply
Tom Lee’s BitMine added $92 million in Ethereum, increasing its holdings to 4.7% of the total supply. The firm aims to accumulate 5% of the circulating ETH supply.
- Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring'
Bitmine added $92 million of ETH, and Tom Lee continues to express confidence in the 'crypto spring' trend.
- Tom Lee’s Bitmine buys $41 million worth of ETH, continuing aggressive treasury expansion: onchain data
Tom Lee’s Bitmine purchased $41 million worth of ETH, continuing its aggressive treasury expansion. The firm is buying ETH at an accelerated pace despite a reported paper loss of nearly $10 billion on its holdings.
- Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tanked
Bitmine made its largest ether purchase in 2026 as cryptocurrency prices declined sharply. The company bought ether during a market downturn, indicating confidence in the asset's future value.
- Hyperliquid treasuries stand alone in profit as legacy crypto DATs bleed billions
Hyperliquid treasuries are the only crypto treasury firms reporting profits as crypto prices decline, while entities like Strategy and Bitmine experience evaporating paper gains. Legacy crypto DATs are losing billions amid the market downturn.
- Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
BitMine is issuing preferred shares with a 9.5% dividend to raise funds for purchasing Ethereum. The move mirrors strategies used in Bitcoin-related initiatives.
- Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push
Tom Lee’s BitMine is planning a $300 million preferred stock sale to support an ETH treasury model. The offering would link fixed cash dividends to a staking-heavy ETH treasury, while Strategy’s preferred stock faces pressure.
- Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook
Bitmine is considering issuing dividend-paying preferred shares, a strategy similar to that of Strategy. This follows a decline in Ether prices to a 14-month low below $1,750.
- Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses
Bitmine plans to launch a preferred stock offering similar to STRC's structure. The company intends to use the net proceeds for general purposes, including purchasing additional ETH and expanding staking operations. The announcement comes amid $9.2 billion in unrealized ETH losses.
- Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks
Tom Lee's Bitmine is offering a 9.5% yield in preferred stocks by borrowing strategies from Michael Saylor's playbook.
- Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800
Bitmine's investment in Ethereum is approaching a $9 billion loss as the price of ether drops below $1,800. The decline in ether's value has significantly impacted the company's financial position.