Bitmine Adds Another 4,871 Ethereum To Treasury: Now Holds $7.65B In ETH
Ethereum is holding steady above the $4,400 mark after a weekend surge that briefly carried it to fresh all-time highs. The rally, fueled by strong institutional demand and broader market optimism, has been tempered over the past two days as the price retraced to test lower levels. Despite the pullback, ETH remains one of the […]
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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, 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 […]
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 […]
Bitmine Immersion Technologies, the leading Ethereum treasury company, has appointed a new CEO and new board members. This move comes as the firm, which initially launched as a crypto mining company, looks to overhaul its leadership. Chi Tsang As CEO And Board Member In a press release on Friday, November 14, Bitmine announced Chi Tsang […]
2025 has been a year of ups and downs for the cryptocurrency industry, with the performance of digital asset treasuries (DATs) a perfect example of this trend. While Bitcoin and Ethereum treasury firms like Strategy and BitMine seem to be weathering the recent storm, other companies have succumbed to the bursting bubble of DATs. For […]