Digital Asset Treasury

Digital Asset Treasury

Finance

Bitmine added another $74 million in ether as Tom Lee bets on Clarity Act boost

The second-largest digital asset treasury increased its buying pace, while Strategy sold a chunk of its bitcoin holdings.

Tom Lee on the Mainstage at Consensus Miami 2026

Markets

Cantor says bitcoin bear market may be entering final stretch

The bank said in a note bitcoin's cycle points to a market bottom in the coming months, urging investors to focus on networks with durable value accrual.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Finance

Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH

Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Finance

Grant Cardone says he will keep buying bitcoin using real estate cash flows

The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.

Grant Cardone. (CoinDesk)

Finance

YZi Labs ends proxy war with BNB treasury company CEA Industries

Partner Alex Odagiu will serve as an interim president, pending a search for a new chief executive, while head of YZi Labs Ella Zhang and Matthew Roszak also appointed directors of CEA.

Ella Zhang, head of YZi Labs, at Consensus Hong Kong 2026 (CoinDesk)

Finance

Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring'

The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5% of ETH supply.

Tom Lee on the Mainstage at Consensus Miami 2026

Finance

Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale

Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Markets

Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tanked

The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Finance

Saylor's Strategy sold bitcoin for the first time since 2022. These firms are still buying

With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.

Tom Lee and Michael Saylor at Consensus (CoinDesk)

Finance

Bitmine slows ether purchase pace, buying $53 million worth last week

The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)