Las Vegas-Based Bitmine Amasses 3.71% of Ethereum Supply
Bitmine Immersion Technologies said Monday it now holds 4.47 million ether and nearly $9.9 billion in combined crypto, cash, and strategic investments, positioning the Las Vegas-based firm as the world’s largest ethereum...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Bitcoin NewsRelated market context
Open USD supply on Ethereum tops $100M in its first week
OUSD's rapid growth on Ethereum highlights institutional influence in stablecoin markets, raising concerns about liquidity concent...
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...
Ethereum holds near $2,700 as $414.1 million in longs sit in liquidation zones
Ethereum trades near $2,700 as $148.3 million in crypto positions are liquidated and $414.1 million in ETH longs sit in liquidatio...
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.....
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...
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...