Bitmine Immersion Technologies (BMNR) Announces Total Crypto and Cash Holdings Top $11.1 Billion Now

BitMine's strategy could influence Ethereum's market dynamics, potentially affecting liquidity and investor strategies in crypto markets. The post BitMine Immersion Technologies adds $73M in Ethereum, boosting holdings toward 5% of total supply appeared first on Crypto Briefing.

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 […]

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…

A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC as a New York lawsuit seeks ownership of thousands of inactive holdings.

Bitcoin ETFs lost $527M last week, extending outflows to eight weeks, while XRP, SOL and HYPE funds recorded smaller inflows.

Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.

BitMine Immersion Technologies continued adding to its Ethereum stockpile, even as its Bitcoin counterpart Strategy stood pat.

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.70 Million Tokens, and Total Crypto and Total Cash Holdings of $9.8 Billion