BitMine buys 40,613 ETH during sell-off as Ether strategy faces deep drawdown
Tom Lee–backed BitMine added over 40,000 ETH during last week’s market sell-off, doubling down on its Ether treasury strategy despite multibillion-dollar unrealized losses.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Tom Lee–backed BitMine added over 40,000 ETH during last week’s market sell-off, doubling down on its Ether treasury strategy despite multibillion-dollar unrealized losses.
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 CointelegraphRelated market context
XRP Price Prediction: XRP Could Flip Ethereum as It Targets $3,000
XRP price trades at $1.44, up 4% over the past 24 hours, and the prediction about it eventually flipping Ethereum’s market cap is...
Bitcoin survived the Fed and CLARITY, and now faces the next major test at $82,000 this weekend
Bitcoin hit an intraday high of $81,400 on Friday, approaching the low-$82,000 zone that has capped every recovery attempt since l...
Ethereum Price Prediction: Can ETH Break $3,000 This Month? Here’s Why It Could
Ethereum price is trading at $2,650, up by more than 3% on the day, after six consecutive green sessions dragged it out of a month...
Ethereum ETFs Add $29.4M Friday As Fidelity Leads Reported Flows
TL;DR U.S. Ethereum ETFs recorded $29.4 million in net inflows on September 18. Fidelity’s FETH brought in $26.2 million. The move...
0G expands wrapped token to Ethereum, Solana, Base, and Robinhood Chain
0G's token expansion across major networks enhances cross-chain interoperability, potentially accelerating decentralized AI and bl...
Bitwise collaborates with Lido on Ethereum validator consolidation in landmark CMv2 rollout
The consolidation enhances Ethereum's staking efficiency, reduces computational load, and raises participation standards, impactin...