Bitmine

Bitmine

Marchés

Bitmine's ether stash tops 4.1 million tokens as crypto and cash holdings reach $13.2 billion

Tom Lee's publicly traded miner and treasury firm said it now controls more than 3% of ether’s total supply and is accelerating staking plans.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

BitMine buys $300 million in ether, crossing 4 million ETH treasury milestone

Thomas Lee's ETH treasury firm acquired nearly 99,000 tokens last week as crypto markets slid.

Tom Lee

Finance

Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether

The company is likely sitting on about $3 billion in unrealized losses on its holdings of nearly 4 million ether tokens.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Marchés

Ether Digital Asset Treasury Companies Outpace Peers as Crypto Tailwinds Build: B. Riley

The bank said ETH-focused DATCOs have outperformed since Nov. 20 as risk appetite improved, mNAVs ticked up and staking-led strategies gained traction.

Ethereum Logo

Finance

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.

Tom Lee

Finance

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Marchés

B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepens

The investment bank slashed price targets across so-called Datcos, citing sector-wide pressure and weaker accumulation trends.

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

Finance

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

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.

Ethereum News

Marchés

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)