Bitmine
B. Riley Flags Recovery Signs in Digital Asset Treasuries as BitMine Extends Ether Lead
After weeks of weakness, the bank flagged a potential rebound in digital asset treasury companies as macro risks cooled and short sellers retreated.
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.
Ether Holds Above $4,000, Arkham Says Tom Lee's 'BitMine Is Buying the Dip'
Repeated defenses of $4,000 and heavier trading marked the session, with price finishing near $4,023 after a quick pullback from about $4,102.
Tom Lee's BitMine Immersion Added Another $320M in Ether, Bringing Overall Holdings Above $14B
The crypto investment firm now holds over 3.31 million ETH, moving closer to its goal of owning 5% of the token’s supply.
Tom Lee's Bitmine Immersion Adds $800M of Ether, Bringing ETH Holdings Over $13B
The digital asset treasury bubble might have burst, as chairman Thomas Lee said, but the firm added over $1.6 billion worth of ETH during the crypto correction.
Tom Lee's BitMine Bought the Dip, Adding Over 200K ETH to Ethereum Treasury
The firm's ether holdings crossed 3 million tokens, halfway through its goal to corner 5% of the crypto's supply.
Tom Lee's Bitmine Immersion Newest Target of Short-Seller Kerrisdale Capital
The company's model mimics a failing playbook and lacks transparency and leadership appeal, said Kerrisdale.
BitMine Immersion Added $821M in Ether, Bringing Cash and Crypto Holdings to $13.4B
The firm extended its lead as the largest ether treasury, holding over 2.83 million in ETH tokens.
BitMine Immersion ETH Holdings Rise to 2.66M Tokens, More Than 2% of Total Supply
Crypto, cash and "moonshot" on the balance sheet now total $11.6 billion, said the company.
