Bitmine

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.

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.

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 $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.

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, 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 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 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 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, and Joe Lubin are collaborating to fund a new Ethereum research and development lab aimed at enhancing the Ethereum network and ETH.

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 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, and Tom Lee continues to express confidence in the 'crypto spring' trend.

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 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 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.

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 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 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 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 is offering a 9.5% yield in preferred stocks by borrowing strategies from Michael Saylor's playbook.

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.

Bitmine purchased $52 million worth of ETH, aiming to hold 5% of Ethereum's total circulating supply of 120.6 million tokens. The company is currently 90% toward its target. Tom Lee noted that the price has not yet reflected Ethereum's full potential.

Tom Lee's BitMine purchased $52 million in Ethereum following its largest 2026 acquisition, while implementing a strategy that involves selling Bitcoin.

Bitmine has acquired 26,497 ETH and aims to reach 5% of Ethereum’s total supply by 2026, according to Chairman Tom Lee.

Bitmine has reduced its pace of purchasing ether, acquiring $53 million worth of the cryptocurrency in the past week.

Sharplink and Forward Industries are being considered for inclusion in the Russell indexes, while Bitmine and Galaxy Digital may also qualify for the Russell 1000, an index featuring major U.S. companies like Nvidia, Microsoft, and Apple.

Bitmine made its largest Ethereum purchase in 2026, acquiring 111,942 Ether as the price fell below $2,200. Tom Lee predicts a supercycle in the market.

Bitmine, a cryptocurrency firm, has purchased over 100,000 ETH following a price drop below $2,200, as it approaches its goal of owning 5% of Ethereum's total supply. Bitmine Chairman Tom Lee described the price decline as an 'attractive opportunity' for accumulation.

Bitmine executed its largest Ethereum (ETH) purchase of the year, contrasting with Tom Lee's recent advice suggesting a market slowdown. The company's significant investment highlights continued institutional interest in crypto despite cautionary signals from analysts.

Bitmine's Tom Lee suggests the company could be considered for inclusion in the Russell 1000, which may lead to increased stock demand from active and passive fund managers. The potential inclusion in a major index could drive market visibility and investment interest in the firm.

Tom Lee highlights a liquidity catalyst for Ethereum firm BitMine following a Russell Index update. BitMine owns 3.8% of Ethereum's total supply.

Tom Lee’s Ethereum portfolio has lost $7.35 billion as ETH’s bearish price outlook suggests a potential 25% drop toward $1,600. This decline could result in over $10 billion in paper losses for BitMine in the coming weeks.

Bitmine chairman Tom Lee expects the company to accumulate 5% of Ether's total supply by the end of the year. The company views the recent Ether pullback as an attractive opportunity, with a purchase of 71,672 ETH. This move indicates the company's confidence in Ether's potential.

Tom Lee links Ethereum's weakness to rising oil prices, citing a rare inverse correlation and macro uncertainty. Despite this, he remains optimistic about long-term support from tokenization, AI adoption, and institutional accumulation. Ethereum's price is affected by various market factors.

Bitmine increased its ether treasury to 5.28 million ETH and its total crypto and cash holdings reached $12.6 billion. This represents 4.37% of the total ether supply. The significant increase in holdings brings Bitmine's total value to over $12 billion.

Bitmine has taken advantage of a market dip, while Tom Lee attributes ether's decline to increasing oil prices. The move suggests Bitmine's confidence in the market. Ether's pullback is tied to external economic factors.

Bitmine is slowing down its Ethereum buys and aims to own 5% of the supply by December. Tom Lee believes the crypto spring has started, citing the rising Ether price in correlation with software stocks. This suggests a potential increase in cryptocurrency value.

Tom Lee's Bitmine has slowed down its ether purchases after buying 1 million tokens this year. The move is significant as it indicates a potential shift in the company's investment strategy. Bitmine's decision may impact the overall ether market.

Bitmine is slowing down its ether purchases as it nears its accumulation goal, according to Tom Lee. This move may have implications for the cryptocurrency market. Bitmine's actions are being closely watched by industry observers.