Ethereum Treasury
Digital Asset Treasuries Lead Crypto Stock Sell-Off as Bitcoin Falls to $84K
Strategy fell to the lowest since October, 2024, and ether and solana treasury plays including BitMine, Sharplink, Solana Company, Upexi tumbled nearly 10%.
Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts
The firm increased the pace of purchases from the previous week despite sitting on large unrealized losses on its ether bet.
BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply
Tom Lee's company increased its crypto holdings last week despite sitting on around $4 billion in unrealized losses on its ETH bet.
BitMine Immersion Sitting on $4B Loss on Ether Bet as Analyst Warns of Structural issues
Tom Lee's company could trap shareholders amid low staking yields, hefty embedded fees and vanishing NAV premium, 10x Research founder Markus Thielen warns.
Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback
The action comes just a couple of weeks after fellow ETH treasury firm ETHZilla sold $40 million of tokens to fund its own share buybacks.
BitMine Immersion Acquires $173M in Ether as Tom Lee Suggests Reason Behind Crypto Weakness
The Bitmine chairman said a wounded market maker could be scaling back operations, tightening crypto liquidity and weighing on digital asset prices.
Tom Lee's Ethereum Treasury Firm BitMine Immersion Appoints Chi Tsang as CEO
Tsang has replaced Jonathan Bates, who led the former bitcoin mining firm from its early days through its pivot to an Ethereum treasury strategy.
Tom Lee's BitMine Immersion Bought Last Week's Ether Dip, Adding 110K Tokens to Holdings
The crypto treasury firm now owns 2.9% of the ETH supply and holds nearly $398 million in cash for more purchases.
Tom Lee's BitMine Immersion Acquires Additional $300M in Ether, Bringing Holdings to $13.7B
The company's 3.4 million of ETH tokens represents just shy of 3% of the total supply.
Bernstein Sees 75% Upside for Ether Treasury Firm SharpLink, Initiates at Outperform
The Wall Street broker said SharpLink is a compliant, institutional gateway to Ethereum, and gave the stock a $24 price target, offering 75% potential upside.
