Bitmine announces $74M Ether buys as chair says ‘greater chances of Clarity Act passage’
Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.
The Defiant·
BitMine Immersion Technologies (NYSE: BMNR), the Ethereum treasury company chaired by Fundstrat's Tom Lee, bought 42,197 ETH worth roughly $73 million over the past week, according to the company's own holdings update posted Monday. The purchase lifts BitMine's total to 5,742,237 ETH, about 4.8% of…
Read full articleBitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.
Bitmine Immersion Technologies’ stock has climbed more than 4% after the company expanded its Ethereum treasury with another 42,197 ETH, even as Strategy shares slipped following a Bitcoin sale. According to Bitmine, the company purchased 42,197 ETH between June 29…
As Ethereum and Cardano face steep declines, investors are increasingly exploring AI-focused blockchain projects such as Stargate LLM. Ethereum spent 2025 in the room with the majors, trading near $5,000 and trading places with Bitcoin as the asset every altcoin…
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Institutional crypto investors received two sharply different capital allocation signals Monday as Bitmine Immersion Technologies expanded its ethereum treasury while Strategy disclosed a rare bitcoin sale to fund preferred stock dividend payments. Strategy Breaks With Its Bitcoin Accumulation Playbook Earlier in the day, Strategy announced it sold 3,588 BTC for approximately $216 million, marking its […]
Ethereum is attempting to recover after defending the $1.5K region once more, but the broader trend remains under pressure. The price is now approaching a major confluence resistance area that could determine whether this rebound develops into a larger trend reversal or remains another relief rally within the prevailing downtrend. Ethereum Price Analysis: The Daily […]
BitMine continued its relentless accumulation of Ethereum while Bitcoin's biggest treasury firm parted ways with more of its holdings.