Bitmine Rises 4% as ETH Holdings Near 5% of Supply, Circle Internet Group Surges 8%, Coinbase Climbs 5%

Bitmine Rises 4% as ETH Holdings Near 5% of Supply, Circle Internet Group Surges 8%, Coinbase Climbs 5%

Crypto stocks are surging midday even as Bitcoin and Ethereum trade lower, and one company's relentless weekly buying spree is now within striking distance of a milestone no crypto treasury has ever reached.

BitMine adds 53,501 ETH as holdings reach 5.9M

BitMine Immersion Technologies has purchased another 53,501 ETH, lifting its Ethereum treasury to 5,901,112 tokens worth about $14.54 billion at the time of writing. BitMine’s Ethereum holdings have reached 5.9 million ETH BitMine Immersion Technologies said in its latest treasury…

Bitmine de Tom Lee Suma $131M en ETH en su Mayor Compra desde Junio

TL;DR Bitmine acquired 53,501 ETH last week for approximately $131.3 million, its largest purchase since June. The company now holds 5,901,112 ETH, equivalent to around $14.5 billion, representing 4.9% of Ethereum’s total supply. Tom Lee cited cryptocurrencies’ outperformance in the third quarter as a catalyst for greater institutional adoption. Bitmine Immersion Technologies recorded its largest purchase of Ethereum since ...

Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH

Bitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses.

Bitmine Gains 53,500 ETH, Lifts Stake to 4.9% of Ethereum Supply

Bitmine Immersion Technologies has kept adding to its Ether stash, extending a buying streak that now stretches 65 consecutive weeks. The company purchased an additional 53,501 ETH last week, a move that arrives as a broader market rebound has supported the value of its digital-asset portfolio even as earlier-cycle drawdowns continue to weigh on reported [...]

Bitmine Buys 53,501 ETH, Extends Streak To 65 Weeks

Bitmine Immersion Technologies pushed its Ether (ETH) buying streak to 65 consecutive weeks, acquiring 53,501 ETH last week amid a broader crypto market