Ether (ETH) News: Tom Lee’s Bitmine (BMNR) added to ETH stack as prices plunged

Ether (ETH) News: Tom Lee’s Bitmine (BMNR) added to ETH stack as prices plunged

The firm's total ETH holdings top 4.3 million tokens worth about $8.7 billion at the current price just above $2,000.

BitMine Buys Over 40,000 ETH As Sell-Off Deepens, Shrugs Off Massive Paper Losses

BitMine Immersion Technologies kept buying as prices fell, scooping up 40,613 ETH during last week’s sell-off. Reports say the purchase totaled roughly $83–$84 million, made when Ether traded near $2,020 per token. BitMine’s Growing Stake And The Man At The Helm According to recent coverage, the move pushed BitMine’s total Ethereum holdings to around 4.32–4.33 million ETH, a stash worth billions at current prices. Executive chairman Tom Lee has …

Bitmine's Ambitious Plan to Own 5% of Ethereum Supply: Current Holdings, Staking Strategy, and What It Means for Crypto Investors

Bitmine is aggressively accumulating Ethereum, holding 3.58% of the supply and targeting 5% through purchases, staking revenue, and a long-term balance-sheet strategy.

Bitmine Ignores $7.8B Paper Losses, Buys $83M Worth of ETH as Market Dips

BitMine, the Ethereum-focused treasury firm chaired by Fundstrat’s Tom Lee, bought roughly $83 million worth of ETH on Monday, with its existing holdings sitting deep in the red. The purchases came during another volatile session for Ethereum, with on-chain data showing heavy selling from other large holders and ETH trading near multi-month lows. BitMine Adds to ETH Stash While Others Exit Data from the analytics platform Lookonchain, posted on …

BitMine Expands Ethereum Treasury With New $84M ETH Purchase

On Tuesday, BitMine Immersion Technologies increased its Ethereum holdings after acquiring another $84 million worth of ETH, according to new on-chain data. The purchase pushed its treasury to a fresh high as volatility continued across digital asset markets. According to Lookonchain data, the company’s total holdings reached 4,325,738 ETH at the end of last week. The value stood near $9.14 billion based on recent market prices.  BitMine said ea…

BitMine Keeps Buying Ethereum With New $84M Purchase Despite $8B Paper Losses

Tom Lee’s BitMine has extended its Ethereum buying streak with another purchase. This comes even as the firm is currently sitting on about $8 billion in paper losses due to the crypto market crash. BitMine Continues Accumulating Ethereum Amid Losses According to Lookonchain data, the Ethereum treasury firm acquired $84 million worth of tokens, continuing The post BitMine Keeps Buying Ethereum With New $84M Purchase Despite $8B Paper Losses appea…