BitMine Will Stop Buying ETH at 5% of Supply, Tom Lee Says
The company reported 6,016,414 ETH as of Oct. 4, while Lee estimates roughly 100,000 tokens remain before it reaches the ceiling.....
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BitMine
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Tom Lee says Bitmine is 100,000 ETH away from ending its buying spree
Bitmine will stop buying ETH once it holds 5% of circulating supply, Tom Lee said, as its holdings reach 6.02 million tokens. The...
Crypto Briefing
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Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says
Speaking at Token2049 in Singapore, the chairman said Bitmine is about 100,000 ETH—roughly six to seven weeks—from its 5% cap, set...
Decrypt
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Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases
Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in m...
CoinDesk
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Bitcoin Price Slips Under $84K as Tom Lee Eyes Biggest Bull Market Ever
Fundstrat’s Tom Lee told a Singapore crowd that crypto is “2 days past the bottom” on the same morning a flash crash liquidated mo...
Bitcoin News
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Tom Lee’s Bitmine Nears 5% of Ether Supply With $41M ETH Buy
Publicly traded ether treasury firm Bitmine Immersion Technologies announced Monday that it has edged closer to its stated goal of...
Bitcoin News
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Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target
The purchase lifts Bitmine's stash past 6 million ETH—4.9% of supply and 99% of the way to its "Alchemy of 5%" goal—as chairman To...
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Tom Lee’s Bitmine Slows Ether Buying for a Second Straight Week, Adding 15,112 ETH
Bitmine Immersion Technologies bought 15,112 ETH in the week through Oct. 4, the Ethereum treasury company said Monday. It was the...
Unchained
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Tom Lee says ether ‘dwarfing other macro assets’ as Bitmine adds 15,112 ETH
Bitmine added 15,112 ETH as Chairman Tom Lee said Ethereum outperformed the S&P 500 by 6,832 basis points in Q3.
The Block
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Bitmine acquires 15,112 Ethereum, raising total to 6.02M ETH
Bitmine's aggressive ETH acquisition strategy could amplify Ethereum's market influence and attract increased institutional invest...
Crypto Briefing
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Ethereum (ETH) Price Prediction: Coinbase Buying Picks Up as ETH Eyes a $2,720 Breakout
Ethereum price is consolidating near $2,680 as buyers attempt to maintain the recovery and push through the next resistance zone....
Brave New Coin
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BitMine nears 5% Ethereum threshold, yet stock valuation rules dictate its next move
Ethereum treasury company BitMine Immersion Technologies said on Sept. 28 that it held 6,001,302 ETH, leaving it 103,698 tokens sh...
CryptoSlate
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Strive Scoops up 1,107 Bitcoin as Its $2.3B Treasury Expands
Per usual, Monday was a day of digital asset treasury (DAT) purchase announcements as Strategy and Bitmine revealed new acquisitio...
Bitcoin News
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Bitmine’s Ether Stash Passes 6 Million Tokens as Its Weekly Buying Slows
Bitmine Immersion Technologies has crossed 6 million ETH, the Ethereum treasury company said Monday, after buying 17,362 ETH in th...
Unchained
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Tom Lee’s Bitmine Hits 6 Million Ether Milestone With $46M Buy
Bitmine Immersion Technologies, the largest publicly traded ether treasury, surpassed another milestone this week, announcing that...
Bitcoin News
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Tom Lee’s Bitmine tops 6 million ETH after buying another 17,362 ether
Bitmine's total crypto, cash and other investments currently stand at $17.2B, and the company owns over 4.9% of ether's circulatin...
The Block
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Tom Lee's Bitmine Buys Another $47M of ETH, Taking It to 4.9% of Ethereum Supply
Bitmine has staked 84% of its tokens, a position it projects will generate some $358 million a year in staking rewards.
Decrypt
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Bitmine surpasses 6 million ETH holdings, worth $16 billion
Bitmine's massive ETH holdings could amplify market volatility, linking its stock performance closely with Ethereum's price fluctu...
Crypto Briefing
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