Search results for Bitmine Immersion Technologies
Crypto
Tom Lee sees bitcoin at $150,000, focuses on institutional inflows
Tom Lee (톰 리) has set a $150,000 upside target for bitcoin and said the current rise in the cryptocurrency market is still only the first wave. Speaking on CNBC, the Fundstrat co-founder and BitMine Immersion Technologies chairman said institutional investors are actively buying crypto-related stocks. He cited a recent surge in trading volume as positioning for major market swings in the fourth quarter.
Crypto
Strategy\'s \'BTC stop\' vs BitMine\'s \'ETH go\' as firms diverge in same rally
Bitcoin and ether surged last week, but the responses of two major corporate holders diverged. Strategy did not buy additional bitcoin and instead raised cash by selling MSTR shares and reallocating proceeds into dollar liquidity, including reserves and a new cash account. BitMine Immersion Technologies continued buying ether, lifting holdings to 5.85 million ETH and staking most of it. The moves highlighted different priorities in capital allocation.
Crypto
Norway sovereign wealth fund holds 6.15 million shares in BitMine, indirectly investing in Ethereum
Norway\'s sovereign wealth fund has been confirmed to hold 6,151,062 shares in BitMine Immersion Technologies. A Norges Bank holding disclosure for the quarter ended June 30 put the stake\'s value at $81,908,635. The holding is seen as an example of indirect exposure to Ethereum, though the fund did not buy ETH directly. BitMine reported holding 5,805,238 ETH as of Aug. 9, with 5,067,309 ETH staked.
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Crypto
Binance adds 10 tokenised stocks including ASML and Netflix, expanding RWA market
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Crypto
ARK Invest rebalances crypto-related stocks, sells Bitmine and adds Coinbase and Circle
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Crypto
U.S. crypto \'Clarity\' bill faces last-minute hurdles as Korean financial firms step up digital asset push
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Crypto
Tom Lee calls Clarity Act turning point for U.S. crypto, key to market recovery
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Crypto
Money exits AI and flows into crypto stocks as miners slump alone
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Crypto
Ethereum on-chain metrics improve, but CryptoQuant says bottom not yet confirmed
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Crypto
Bitmine\'s Tom Lee says Ethereum will benefit from AI adoption
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Crypto
Robinhood chain boom raises question for Ethereum: tailwind or dilemma
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Crypto
Ethereum Institutional launches to target tokenisation and stablecoins
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Crypto
ETH and SOL treasury firms Sharplink, Forward set to join Russell indexes
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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 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