Tom Lee's BitMine Adds $43 Million in Ethereum as Strategy Halts Bitcoin Buys
BitMine Immersion Technologies continued adding to its Ethereum stockpile, even as its Bitcoin counterpart Strategy stood pat.
Decrypt
Open
Company
BitMine
Company coverage across DigitalMoneyBox source monitoring and market reporting.
353
Articles
Live
Signal
Bitmine lifts Ethereum treasury to 5.7 million ETH through ‘challenging’ weekly slide, joins Russell 1000
Bitmine added 27,084 ETH last week, bringing total holdings to 5.70M coins worth $8.9B as the company hits 94% of its 5% ETH suppl...
The Block
Open
BitMine acquires 27,084 Ethereum for $43M as Tom Lee’s firm pushes toward 5% supply target
BitMine's aggressive Ethereum acquisition strategy highlights the growing institutional interest in crypto, potentially influencin...
Crypto Briefing
Open
Bitmine reaches 94% of ETH target as it joins Russell 1000
Bitmine's strategic growth and Russell 1000 inclusion may boost institutional interest, potentially influencing Ethereum's market...
Crypto Briefing
Open
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half...
CoinDesk
Open
Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28
BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after f...
Cointelegraph
Open
Bitmine joins Russell 1000 Index, boosting institutional demand for Ethereum exposure
Bitmine's inclusion in the Russell 1000 Index could significantly increase institutional Ethereum exposure, impacting market dynam...
Crypto Briefing
Open
Bitmine acquires 35,138 Ethereum for $59M, building second-largest corporate crypto treasury
Bitmine's aggressive Ethereum acquisition signals growing institutional interest, but poses risks if Ethereum's market position fa...
Crypto Briefing
Open
Ethereum Foundation Cuts 20% of Staff and 40% of Budget in Sweeping Reset
The Ethereum Foundation laid off 54 employees and announced a roughly 40% budget reduction Tuesday, executing arguably one of the...
Unchained
Open
Bitmine and Sharplink Fund Ethlabs to Scale Ethereum for AI and Institutions
Ethlabs, a new independent nonprofit research lab founded by former Ethereum Foundation researchers, has launched to strengthen Et...
Bitcoin News
Open
Bitmine buys 35,138 Ethereum for $59M as it closes in on owning 5% of all ETH
Bitmine's aggressive ETH accumulation strategy could impact Ethereum's market dynamics, raising centralization concerns and influe...
Crypto Briefing
Open
Former Ethereum Foundation Researchers Launch Ethlabs With BitMine And SharpLink Backing
TL;DR Ethlabs has launched as an independent nonprofit focused on Ethereum protocol R&D. The group is backed by BitMine, SharpLink...
NewsBTC
Open
Tom Lee’s BitMine Says ETH Holdings Have Reached 5.67 Million Tokens
TL;DR BitMine says its ETH holdings have climbed to 5.67 million tokens. The company also reported total crypto and cash holdings...
NewsBTC
Open
Ethereum Price Prediction: ETHLABS in Frontline to Save ETH Future
Ethereum price is bleeding. ETH sits at $1,650, down 6% in in a brutal fashion, and the technical setup offers little comfort for...
Cryptonews
Open
Ethereum breakaway developers turn a funding gap into a fight over who steers the network
On June 22, five former senior Ethereum Foundation researchers announced Ethlabs, an independent nonprofit R&D lab with a mission...
CryptoSlate
Open
BitMine, Sharplink, Joe Lubin Back New Ethereum Research and Development Lab
Some of Ethereum's largest holders are coming together to fund a new research and development lab aimed at boosting the network an...
Decrypt
Open
Bitmine, SharpLink and Joe Lubin back Ethlabs nonprofit to advance Ethereum’s ‘next phase’ of growth
Ethlabs, backed by Joe Lubin and the two largest ETH DATs, Bitmine and SharpLink, will focus on institutional adoption.
The Block
Open
Ether’s biggest corporate holders back new Ethereum research hub
Ethlabs was formed with support from SharpLink, Bitmine and Consensys CEO Joe Lubin as the network's development is expanding beyo...
CoinDesk
Open