Ethereum Treasury

Ethereum Treasury

Finance

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

SharpLink Raises $76.5M in Premium-Priced Stock Deal to Expand Ether Holdings

The sale reflects "strong institutional confidence," the company said, with an unnamed investor also receiving an option to buy another 4.5 million shares

Ethereum News

Finance

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

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.

Ethereum (CoinDesk)

Markets

Ether Treasuries Are Going Mainstream: Crypto Investment Firm Bitwise

Digital asset treasuries are now allocating to ether at scale, creating structural demand that exceeds new supply, the report said.

Ethereum Logo

Markets

Tom Lee’s BitMine Sells Stock at $70 to Raise Additional $365M for ETH Treasury

BitMine disclosed holdings of 2.4 million ETH and raised $365 million in a premium stock sale, highlighting investor demand for ether exposure through public markets.

Ethereum Logo

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)

Markets

Ether Treasury Company SharpLink Gaming Buys Back $15M in 'Undervalued' Shares

The repurchase happened as the firm's stock price fell below the net asset value of its underlying ether holdings.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

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)

Finance

Jack Ma-Linked Yunfeng Financial to Build Ether Treasury Starting With $44M ETH Purchase

Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.

Ant Group and Alibaba co-founder Jack Ma (CoinDesk Archives)