Bitmine Continues Ethereum Buying Spree With Fresh 7,080 ETH Purchase
Ethereum has fallen below the $2,800 mark after a sharp and sudden decline, deepening market anxiety and raising fresh questions about whether a broader bearish phase may be emerging. The drop has undermined bullish momentum, with buyers struggling to defend key support levels as selling pressure accelerates across both spot and derivatives markets. Sentiment has […]
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The broader cryptocurrency market has sprung back to life again, with Ethereum rising back above the $4,600 price mark after a renewed bullish move. Within the period of bullish action, Bitmine Immersion has gone on a significant buying spree, acquiring thousands of ETH in the month of September alone. Bitmine’s Unstoppable Ethereum Buying Spree Ethereum’s […]
Ethereum’s price action has witnessed surprise bullish upside in the past months and has outperformed Bitcoin in recent weeks. Behind the scenes, the leading altcoin has also witnessed a buyer unlike any other this year, and that buyer is BitMine. The publicly traded firm has gone on an unprecedented spending spree, scooping up Ethereum at […]
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 […]
Bitcoin and Ethereum corporate treasuries have seen fresh growth this week as both Strategy and BitMine have announced new acquisitions. Strategy & BitMine Have Both Added To Their Treasury Reserves Strategy and BitMine, the largest Bitcoin and Ethereum treasury companies, respectively, have just revealed new purchases. The former’s announcement comes through a routine Monday X […]
MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its BTC reserves with a fresh 2,138 […]