The company added almost 77,000 ETH to its stash over the week. The Tom Lee-chaired former bitcoin miner turned Ethereum treasury company continues to increase its ETH holdings by purchasing over $135 million worth […]
Tom Lee is not waiting for the market to come to him. His firm Bitmine has just added another 75,000 Ethereum tokens worth approximately $123 million in a single eight-hour window, and the buying is […]
Key Takeaways Bitmine bought 75,000 ETH for about $123 million on June 9, averaging near $1,640 per coin. The firm now holds 5.4 million ETH and ranks second only to Strategy among public crypto treasuries. […]
Fundstrat managing partner Tom Lee says last week’s stock market pullback is a “false narrative” about the health of the bull market — and he is urging investors not to read too much into the […]
TLDR Bitcoin fell from $82,000 to the $60,000 range on May 5. Michael Saylor attributed the drop to $400B capital rotation into tech IPOs. Institutions sold liquid assets, including Bitcoin spot ETFs, to raise cash. […]
Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest purchase of 2026 to date. Related Reading Bitmine Doubles Down On Ethereum On […]
Key Takeaways Bitmine holds 5,543,872 ETH at $1,630, representing 4.59% of the total 120.7 million ETH supply. Bitmine’s 4.7M staked ETH generates a projected $230M in annualized staking revenue via MAVAN. Tom Lee expects Bitmine […]
BitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, be listed on the New York Stock Exchange. The filing gives the Tom […]
TLDR BitMine’s Ethereum treasury has recorded about $8.86 billion in unrealized losses. The losses have renewed scrutiny over Tom Lee’s long-term Ethereum treasury strategy. BitMine’s ETH holdings remain exposed to market swings before any token […]
Fundstrat’s Tom Lee thinks 2027 and 2028 could represent a one-in-a-lifetime time period for stock gains. Lee says in a new interview with CNBC that stocks could witness challenges between now and December and encourages […]
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