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Tom Lee's company expanded its Ether position with a fresh $213 million purchase, raising its share to 4.59% of total supply. (Image: Shutterstock)

BitMine Sheds Nearly 90% Of Value As Its Ethereum Bet Sours

Ethereum (ETH) slipped below $2,000 on Thursday, pushing BitMine Immersion Technologies into roughly $8 billion of unrealized losses as its stock cratered nearly 90% from last year's high. Key Points: Ether fell under $2,000, leaving BitMine with about $8 billion in paper losses on its Ethereum stas

The largest Ethereum treasury added $238 million during a price slump, lifting its stake close to 4.5% of total supply. (Image: Shutterstock)

BitMine Buys $238M In ETH, Now Owns 4.47% Of The Ethereum Supply

BitMine bought roughly $238 million worth of Ethereum (ETH) over the past week, its largest buy of the year, lifting holdings to 4.47% of the token's supply. Key Points: BitMine acquired 111,942 ETH last week, valued at about $238 million at $2,134 per token. The purchase brings total holdings to 5,

Tom Lee's treasury firm bought $126M in Ether and could enter the Russell 1000, potentially attracting passive index fund money. (Image: Shutterstock)

Bitmine Buys 60,000 ETH As Treasury Climbs Past 5.3M Tokens

Bitmine added 60,000 Ether (ETH) over the past day, lifting its treasury above 5.3 million tokens as chairman Tom Lee signaled a possible Russell 1000 entry. Bitmine Buys 60,000 ETH In One Day The accumulation surfaced through on-chain trackers before the company confirmed any figures. Analytics pla

Tom Lee's treasury firm bought $126M in Ether and could enter the Russell 1000, potentially attracting passive index fund money. (Image: Shutterstock)

Tom Lee Calls Crypto Spring As Bitmine Stakes $11.1B In ETH

Bitmine has purchased 26,659 Ether (ETH) and lifted its treasury above 5.2 million tokens, even as Chairman Tom Lee declared the start of a new crypto spring. Bitmine Treasury Tops 5.2 Million ETH The latest weekly buy, valued near $63 million at current prices, lands at roughly a quarter of Bitmine

The Tom Lee-led firm picked up 101,745 Ether last week, lifting holdings to 5.18 million tokens and closing in on its 5% supply ambition. (Image: Shutterstock)

Bitmine Stacks 101,745 ETH In 7 Days, Closes In On 5% Supply Target

Bitmine Immersion Technologies added 101,745 Ether (ETH) over the past week, lifting its treasury to 5.18 million tokens and reaching 86% of its 5% supply goal. Bitmine ETH Purchase The Norwalk, Connecticut-based firm disclosed the buy on Monday, valuing the haul at roughly $237.7 million based on a

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