Bitmine


Finance

BitMine's Ether Treasury Crosses 2.15M, Stake in Worldcoin Vehicle Rises 10-Fold

The firm's $214 million stake in Worldcoin-linked Eightco highlights its first equity "moonshot" alongside growing ETH reserves.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

BitMine Now Holds $9B in Crypto Treasury, Fuels 1,000% Surge in WLD-Linked Stock

BMNR also announced a $20 million investment in Eightco Holdings (OCTO), which plans to hold worldcoin (WLD) as its primary treasury asset.

Stock market price charts (Anne Nygård/Unsplash)

Markets


ARK Invest Snaps Up $23.5M in BitMine and Bullish Shares Across Flagship ETFs

The purchases, disclosed in recent trade filings, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with ARK Innovation ETF (ARKK) leading the way.

Stock market price charts (Anne Nygård/Unsplash)

Finance

BitMine Immersion Boosts Ether Holdings to $8.1B, With $623M in Cash for More Purchases

Led by Tom Lee, the company aims to control 5% of ether's supply, positioning itself as the largest listed ETH treasury firm.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

ARK Invest Buys $15.6M Shares of Ether Treasury Firm Bitmine

Bitmine is one of the largest corporate holders of ether, having purchased over 1.7 million ETH, worth just under $8 billion at current prices.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

Finance

BitMine's ETH Holdings Top 1.7M Tokens, With $562M of Buying Power Remaining

The firm's crypto and cash holdings rose to nearly $9 billion at one point Sunday prior to the plunge in crypto prices.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

BitMine Immersion's Ether Holdings Top $6.6B, Stock Slides 7% Alongside ETH's Tumble

The Tom Lee-led firm increased its ether stash to 1.5 million tokens last week, up from 1.15 million.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

Tom Lee's BitMine Immersion Aims to Raise as Much as $20B for More ETH Buys

The company already owned about $5 billion worth of the world's second-largest crypto.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

BitMine's ETH Holdings Near $5B After Latest Purchase; BMNR Tops Big Names in Trading Volume

The company aims to acquire 5% of all ether supply, worth around $25 billion at current prices.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Wall Street Is Buying Crypto ‘Quietly’ — And That’s Bullish, Says Bitmine's Tom Lee

Tom Lee says ether and bitcoin remain in early-stage institutional adoption, and warns investors not to mistake disbelief for a market top.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)