Bitmine Becomes 2nd Largest Crypto Treasury Company: Now Holding $6.6B In Eth...

Bitmine Becomes 2nd Largest Crypto Treasury Company: Now Holding $6.6B In Eth...

BitMine, a publicly traded company renowned for its bold treasury strategy, has officially become the second-largest crypto treasury company in the world. The firm now holds more than $6.6 billion worth of Ethereum (ETH), totaling 1.52 million tokens — a staggering 1.26% of the total ETH supply. Related Reading: Ethereum Floods Exchanges As Bitcoin Remains […]


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ASIC Developer Bitmine AG Goes Bankrupt, Faces Lawsuits

Swiss ASIC miner developer Bitmine AG was officially declared bankrupt by the local court of Bellinzona, Switzerland, in May 2015. All accounts, assets and company documents have been handed over to the Swiss justice ministry and are under investigation. In an open letter released on the official website of Bitmine AG, the company's management claimed that Bitmine AG had tried to restructure its products and services by seeking new investments. It failed, however, to raise enough funding to continue its production of ASIC miners which led to the company's bankruptcy. Bitmine AG initially....

Ethereum Institutional Accumulation Frenzy: Bitmine Expands Holdings With Ano...

A robust interest in Ethereum, the second-largest digital asset,  appears to be returning to the market. Several institutional investors, especially corporate treasury firms, are currently accumulating the leading altcoin in light of ongoing market volatility and rapid fluctuations in ETH’s price. Bitmine Resumes Its Strategic Ethereum Buying Spree While the price of Ethereum is experiencing […]

BitMine’s Ethereum Treasury Hits New Milestone With 2 Million ETH Holdings

BitMine revealed it has increased its Ethereum (ETH) holdings to 2 million ETH over the past few days, achieving a key milestone for the company’s investment strategy and solidifying its position as the largest ETH Treasury in the world. Related Reading: Metaplanet Expands Bitcoin Treasury Past 20K BTC Worth Over $2.2B 1.7% Of Ethereum’s Supply […]

BitMine dokłada 104 mln USD w ETH do skarbca. Fundstrat widzi Ethereum po 5,5...

Ethereum znów znalazło się w centrum uwagi. Gigant infrastruktury kryptowalutowej BitMine Immersion Technologies właśnie powiększył swój korporacyjny skarbiec o 23 823 ETH. Łacznie BitMine dokłada 104 mln USD w ETH do swojego skarbca. Zakup zrealizowany z portfela BitGo sprawił, że BitMine dysponuje już łącznie 2,83 miliona ETH o wartości około 12,4 miliarda dolarów, co czyni […]