Search results for BitMine
Crypto
BitMine buys another 127,000 ether, raises holdings to 4.59% of supply
BitMine Immersion Technologies has increased its ether holdings to 5,543,872 ETH, equivalent to 4.59% of total ether supply. The company bought about 127,000 ETH over the past week, moving closer to its goal of holding 5% of supply, which it calls “Alchemy of 5%.” It said 4.72 million ETH is staked and outlined expected annualised returns from staking. The firm also reported holdings of 204 bitcoin and $247 million in cash.
Crypto
Standard Chartered says Ethereum era to overtake Bitcoin has arrived after Strategy selloff
Standard Chartered has raised its year-end ETH/BTC target ratio to 0.040 from about 0.028, saying Ethereum started to outperform Bitcoin from Monday. The shift followed a small Bitcoin sale by Strategy, the largest listed holder, which sold 32 BTC for about $2.5 million to pay preferred dividends. The bank’s Geoffrey Kendrick said the sale itself was tiny but highlighted differences between Bitcoin treasuries and Ethereum’s staking-based cash flow.
Crypto
Bitmine holds 4.49% of total Ethereum supply, slows buying pace
Bitmine, an Ethereum treasury company, has sharply slowed the pace of additional Ethereum purchases over the past week. As of May 31, it held 5,416,901 ETH, equal to 4.49% of Ethereum’s total supply of 120.7 million ETH. Weekly acquisitions fell to 26,497 ETH from 111,942 ETH a week earlier. The company has highlighted a goal of reaching 5% ownership, which its chairman said could be achieved in 2026.
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Crypto
KOSPI at 8,400 raises question of when bitcoin will rise as Ethereum foundation infighting spreads
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Crypto
ETH and SOL treasury firms Sharplink, Forward set to join Russell indexes
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Crypto
Ethereum Foundation to cut ETH sales but supply overhang limits rebound
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Crypto
BitMine holds 4.47% of ether supply, buys 111,942 ETH in a week
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Crypto
Ethereum treasury firms derive 60 percent of revenue from staking, operations emerge as key
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Crypto
Bitmine on preliminary list for Russell 1000 inclusion, raising hopes for ETF and passive inflows
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Crypto
Ethereum slumps as Bitmine\'s Tom Lee cites oil prices as headwind
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Crypto
Italy\'s Intesa Sanpaolo cuts SOL, adds ETH and XRP in crypto rebalancing
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Crypto
Ethereum Foundation moves 31,000 ETH in two weeks, raising questions over staking stance
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Crypto
BitMine slows ETH buying intensity; Tom Lee says it will not rush
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Crypto
Ethereum faces fears of first three straight quarterly declines as exchange holdings rise
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Crypto
Institutions are accumulating different coins: 10 promising cryptocurrencies for 2026
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Crypto
Ethereum seen reaching $12,000 by 2026; BitMine\'s ETH bet back in focus
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Crypto
BitMine nears 5% of Ethereum supply as Tom Lee weighs slowing buying pace
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Crypto
Tom Lee says bitcoin bear market is over if May closes above $76,000