Key Highlights Bitmine chairman Tom Lee announced the treasury firm will halt its Ethereum acquisitions once its holdings reach 5% of the token’s circulating supply. Following a recent $41 million purchase, Bitmine holds 6,016,414 ETH (valued at roughly $15.5 billion), representing approximately 4.9% of all circulating Ether. The firm reached its multi-year treasury goal in ...
Key Highlights Corporate treasury adoption expands as Strive adds 2,000 Bitcoin, bringing its total reserves to 29,462 BTC. Bitmine acquires an additional 15,112 Ethereum, boosting its balance sheet to over 6 million ETH—equivalent to roughly 4.9% of the circulating supply. DeFi Development Corp. boosts its Solana reserves to 2.564 million SOL, capitalizing on staking rewards ...
Key Highlights Lee called Hayes’ $10,000 Ethereum target “conservative.” The Bitmine chairman did not provide a specific Ethereum price target for the next 12 months. Lee said his previous 25x scenario described potential returns for Bitmine shareholders, not a direct $ETH price prediction. Lee Calls Hayes’ $10,000 Ethereum Target “Conservative” Lee, chairman of Bitmine, described ...
Key Highlights Bitmine, chaired by Tom Lee, withdrew 12,500 ETH worth approximately $34.55 million from Kraken exchange, per on-chain data from Lookonchain. The transfer implies an Ethereum price of roughly $2,764 at the time of the transaction and aligns with Bitmine’s stated Ethereum-focused treasury strategy. Analysts caution that exchange withdrawals do not conclusively confirm new ...
Key Highlights Strategy (formerly MicroStrategy) added 950 BTC to its treasury, raising total holdings to 846,000 BTC, while also repurchasing $174 million in STRC preferred shares. Bitmine, the largest corporate Ethereum holder, acquired 27,562 ETH to reach 5.98 million ETH (4.9% of circulating supply), valuing its total crypto-asset portfolio at $17.1 billion. Nasdaq-listed DeFi Development ...
Key Highlights BitMine Chairman Tom Lee identifies ‘rage quitting’ as a defining investor behavior during crypto winters, alongside sharp price declines and leverage liquidations. Bitcoin is testing the pivotal $64,000–$65,000 resistance zone, with buyers struggling to overcome dominant selling pressure. Lee’s cyclical framework suggests current skepticism and forced exits historically align with potential market bottoms, ...
Key Highlights BitMine (BMNR) shares surged to $25.58, nearly doubling from 2025 lows as Ethereum reclaims the $2,500 level and the broader crypto market capitalization expands to $2.75 trillion. The company holds 5.956 million ETH valued at over $15.4 billion and is nearing its accumulation target of 6 million tokens, after which it will pivot ...
Key Highlights BitMine Chairman Tom Lee asserts cryptocurrency market rally can continue despite CLARITY Act failing to advance in U.S. Senate Lee emphasizes real user and investor demand outweighs single regulatory outcomes for crypto market trajectory Ethereum remains preferred institutional blockchain platform; switching to alternatives creates unnecessary technical and operational risks CLARITY Act Stalls But ...
Bitmine Chairman Tom Lee says Ethereum is undervalued relative to Bitcoin and could rise to $6,000 if Bitcoin surpasses $150,000. He believes Ethereum has substantial…
Bitmine Chairman Tom Lee says Ethereum is undervalued relative to Bitcoin and could climb to $6,000 if Bitcoin breaks above $150,000. He believes Ethereum has…