BitMine Buys $81 Million More Ethereum as Its Treasury Nears 5% of ETH Supply

Ethereum Bullish Surge As BitMine Buys $81M In Top Week

BitMine Immersion Technologies bought $81 million in Ethereum, its largest weekly accumulation since early July, as ETH surged 30%. Chairman Tom Lee called it the start of a larger institutional rotation, highlighting rising corporate treasury demand for Ethereum amid spot ETF inflows and staking yields.

Tom Lee’s BitMine Buys $81 Million in Ethereum as ETH Hits $2,500

Ethereum price broke above $2,500 this week during a sharp market-wide rally, and BitMine Immersion Technologies used the moment to make its largest

BitMine Nears 5% of Ethereum Supply as Ether Breaks Above $2,500 - CryptoGazette

BitMine holds 5,847,611 ETH, about 4.8% of Ethereum supply, after buying 32,447 ETH as Ether breaks above $2,500. Its 5% target is now 97% complete. The post BitMine Nears 5% of Ethereum Supply as Ether Breaks Above $2,500 appeared first on CryptoGazette.

Bitmine adds 32,447 ETH, nears 5% supply goal as Ether break

🚨 Bitmine bought 32,447 ETH, boosting its total to 4.8% of Ethereum’s supply. 📈 ETH surged 32% after the US Treasury's announcement, breaking $2,500. 🪙 Bitmine’s unrealized loss on $ETH holdings narrowed by more than $3 billion. 🌐 The company stays on track toward own...

BitMine Buys $81 Million More Ethereum as Its Treasury Nears 5% of ETH Supply

BitMine added 32,447 ETH during Ethereum's strongest week in more than a year, taking its treasury to 5.85 million tokens and 97% of its stated accumulation target.