Topic
bitmine
9 stories
Buterin Drops the 'Ultrasound Money' Pitch for 'Store of Value' — and a $13.6B ETH Treasury Calls It Vindication
Vitalik Buterin says ETH should be valued as a store of value rather than a fee-burning token, and Tom Lee's Bitmine seized on the shift to justify buying another $20 million in ether, lifting its stash to 4.97% of supply.
Bitmine's ether pile hits 6.06 million ETH as Tom Lee spins the Binance hack as a non-event
Bitmine said it bought 8,573 ETH last week, lifting its ether treasury to about 6.06 million tokens, as chairman Tom Lee called the market's response to the $6.3 billion Binance hack "constructive.
Bitmine Keeps Buying Ether — But the Bigger Move This Week Was Its Own Stock
Bitmine Immersion Technologies added 10,452 ether last week while repurchasing 2.04 million of its own shares, a buyback it calls the largest ever run by a crypto treasury company.
Bitmine adds another $75M in ether, closing on its 5% supply goal as Tom Lee talks up a Q4 institutional rush
Bitmine bought 27,562 ETH last week, lifting its holdings to about 5.98 million ether — roughly 4.9% of supply — as chairman Tom Lee declared a crypto bull market underway and predicted an institutional buying surge in Q4.
Crypto treasury firms worth about $340 billion, still a third below last year's peak
The Block pegs the combined market value of crypto treasury companies at roughly $340 billion, up 10% since mid-August but still about 30% below last year's peak near $490 billion.
BitMine reported to have added $19 million in ether, with the 5%-of-supply claim resting on a single secondary report
Decrypt reports that Tom Lee's BitMine bought another $19 million of ether, lifting its stash toward 5% of total supply — a claim that arrives without a company filing or wallet data to check it against.
BitMine adds $14M of ether as its cash falls to $104M, per Decrypt
Decrypt reports that Tom Lee's BitMine bought $14 million of ether while its cash position fell to $104 million, a purchase small enough to raise questions about remaining dry powder.
Onchain trackers say Bitmine bought another $70M in ETH; the company hasn't confirmed it
Onchain analyst Lookonchain says Tom Lee's Bitmine bought 40,000 ETH (about $70 million) on Tuesday; the company has not confirmed the purchase, which would edge its holdings toward a 5% supply target.
BitMine's ether pile nears 5% of all ETH as Tom Lee pins the rally on a 50/50 regulatory bet
BitMine bought about 42,197 ether for roughly $73–74 million last week, pushing its treasury to 5.74 million ETH — near 5% of all Ethereum — as chairman Tom Lee credited a coin-flip Clarity Act bet for ether's relative strength.