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

Bitmine Holds 3.66% Of All Ethereum At $8.7B, But BMNR Shares Have Lost 57% In Six Months

Bitmine Immersion Technologies disclosed on Monday that it now holds 4,422,659 Ethereum (ETH) tokens valued at approximately $8.66 billion - equal to 3.66% of the total ETH supply - after adding 51,162 ETH in the past week alone. The company's total crypto, cash, and equity positions stood at $9.6 b

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

Bitmine Accumulates 4.37M ETH At $2,000 Levels Despite $6B Unrealized Losses

Bitmine Immersion Technologies disclosed holdings of 4,371,497 Ethereum (ETH) as of February 16, valued at approximately $8.73 billion at $1,998 per token. The company acquired 45,759 ETH last week as ether traded roughly 62% below its 2025 peak above $5,000. Combined cryptocurrency, cash and equity

Ether trades below $2,350 as resistance near $2,400 caps the recent rally (Image: Shutterstock)

Ethereum Stalls Below $2,050 As Bears Tighten Grip

Ethereum (ETH) retreated below $2,050 after briefly spiking to $2,168, with hourly chart indicators pointing to bearish momentum and a contracting triangle pattern capping resistance at $2,040 as bulls struggle to defend the $2,000 level. What Happened: ETH Recovery Stalls The token formed a base ab

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 $86M In Ethereum Despite Sitting On $8B Unrealized Loss

BitMine Immersion Technologies purchased 40,613 Ethereum (ETH) worth approximately $86 million last week while carrying unrealized losses approaching $8 billion on its treasury holdings. The publicly-traded company now owns 4.33 million ETH representing 3.58% of circulating supply, acquired at an av

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's BitMine Faces $6-8B Loss As Ethereum Falls Below $2,000

BitMine Immersion Technologies is now sitting on approximately $6 billion to $8 billion in unrealized losses after Ethereum (ETH) fell below $2,000 on Thursday, putting the largest Ethereum-focused treasury company deep underwater on its massive cryptocurrency bet. The firm, led by Wall Street strat

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