BitMine Scoops Up More Ethereum Amid Market Slump, Holdings Surpass 3 Million...
Publicly traded firm BitMine Immersion Technologies bought the crypto market dip over the weekend, as it bolstered its Ethereum (ETH) reserves by 202,037 ETH, propelling its total ETH holdings to beyond 3 million ETH. BitMine’s Total Ethereum Holdings Surpass 3 Million NYSE-listed Bitcoin (BTC) and Ethereum network company BitMine today disclosed that it had bought […]
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Ethereum treasury companies Bitmine and Sharplink continue to advance their ETH strategy amid the current crypto market downtrend. Bitmine, in particular, continues to accumulate ETH at a steady pace, with the company close to its goal of holding 5% of the token’s supply. Ethereum Treasury Company Bitmine Adds More ETH In a press release, Bitmine […]
According to the latest on-chain data, BitMine viewed the latest market downturn as an opportunity to further increase its exposure to Ethereum, the second-largest cryptocurrency by market cap. In two separate fresh buys, the Ethereum treasury firm expanded its holdings by over $199 million worth of Ether tokens. BitMine Now Holds 3.08% Of Total Ether […]
BitMine Immersion Technologies saw its stock sink nearly 8% this week, yet that didn’t stop Cathie Wood’s ARK Invest from pouring another $15.6 million into the company. Related Reading: A New Vision For Money: Hoskinson Predicts Bitcoin Will Hit $10 Trillion The latest move comes during a period of heightened volatility in both equities and crypto markets. ARK Expands Its Holdings According to ARK’s trading disclosures on August 27, the firm bought 339,113 BitMine shares spread across three ETFs. The ARK Innovation ETF acquired 227,569 shares valued at a little over $10 million, while the....
Earlier today, Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain data reveals that the firm purchased another 46,225 tokens, increasing its total ETH holdings to over 2.1 million ETH. BitMine’s Total Ethereum Holdings Surge Past 2.1 Million ETH According to an X post by on-chain analytics account Lookonchain, […]
Ethereum treasury company Bitmine has expanded its holdings with another ETH acquisition, reaching 86% of the way to its 5% supply goal. Bitmine Accumulated 101,745 ETH Over The Past Week According to a press release, Bitmine has furthered its Ethereum accumulation over the past week. In total, the treasury company has added 101,745 ETH with […]