Tagged: bitmine

July 7, 2026 @ 7:44 am By Omar Faridi  |  

Bitmine Immersion Technologies (NYSE: BMNR), the leading corporate Ethereum treasury company chaired by Tom Lee, has continued its aggressive accumulation strategy with the purchase of 42,197 additional ETH over the past week. The latest batch brings the firm’s total Ethereum holdings to 5,742,237 tokens, representing… Read More

June 23, 2026 @ 7:50 am By Omar Faridi  |  

A new nonprofit research and development organization called Ethlabs has launched to strengthen Ethereum’s technical foundation and prepare the network for broader institutional use. Founded by former researchers from the Ethereum Foundation, the group aims to accelerate progress on scaling, protocol improvements, and real-world adoption… Read More

June 11, 2026 @ 5:58 pm By Omar Faridi  |  

BitMine Immersion Technologies (NYSE: BMNR), the Ethereum (ETH) focused treasury company chaired by Tom Lee, has once again demonstrated its commitment to accumulating the second-largest cryptocurrency. According to on-chain monitoring, the firm recently secured an additional 25,000 ETH tokens valued at approximately $41 million, highlighting… Read More

June 9, 2026 @ 7:05 pm By Omar Faridi  |  

Companies sharply focused on digital asset treasuries (DATs) are channeling significant resources into expanding their substantial holdings of Bitcoin (BTC) and Ethereum (ETH), even as the broader cryptocurrency market experiences prolonged weakness. This approach reflects a belief in the long-term potential of these crypto-assets despite… Read More

April 25, 2026 @ 4:32 pm By Omar Faridi  |  

The Ethereum Foundation has reportedly finalized an over-the-counter transaction involving 10,000 ETH tokens that were sold directly to BitMine Immersion Technologies (NYSE: BMNR). The publicly traded firm, chaired by crypto analyst Tom Lee, acquired the assets at an average price of $2,387 per token, resulting in… Read More

March 25, 2026 @ 8:27 am By Omar Faridi  |  

BitMine Immersion Technologies (NYSE: BMNR), the publicly traded firm chaired by veteran market strategist Tom Lee, has once again demonstrated its deep conviction in Ethereum. According to blockchain tracking data, the company recently channeled approximately $145 million into ETH purchases through major exchange wallets, including… Read More

March 15, 2026 @ 8:47 pm By Omar Faridi  |  

The Ethereum Foundation recently executed an over-the-counter (OTC) transaction, transferring 5,000 ETH to BitMine Immersion Technologies, (NYSE: BMNR) a firm linked to prominent analyst Tom Lee. Valued at approximately $10.2 million, this private deal marks the organization’s second such corporate sale in recent months, following… Read More

January 3, 2026 @ 3:41 pm By Omar Faridi  |  

In a move aimed at bolstering its questionable growth strategy, Bitmine Immersion Technologies (NYSE: BMNR) is seeking shareholder approval to dramatically expand its authorized share capital. Chairman Tom Lee recently outlined the plan, which would boost the company’s total authorized shares from the existing 500… Read More

December 29, 2025 @ 8:22 am By Omar Faridi  |  

BitMine Immersion Technologies (NYSE: BMNR), a corporate holder of digital assets chaired by Fundstrat‘s Tom Lee, has significantly expanded its Ethereum involvement by locking up 342,560 ETH—valued at roughly $1 billion—in staking deposits over a recent 48-hour period. This activity was highlighted by on-chain analytics… Read More

September 9, 2025 @ 5:17 pm By Omar Faridi  |  

Companies worldwide are increasingly turning to cryptocurrencies as core treasury assets, blending traditional balance sheets with digital tech advancements. This trend, accelerating in 2025 under the Trump Administration, underscores a maturing digital assets ecosystem where institutions are not just exploring or considering this sector but… Read More

September 8, 2025 @ 12:20 am By Omar Faridi  |  

BitMine Immersion Technologies recently announced the addition of 54,937 ETH, valued at approximately $237 million, to its Ethereum treasury. This acquisition further cements BitMine’s position as the world’s largest corporate holder of Ethereum, with its total holdings now exceeding 1.86 million ETH, worth over $8… Read More