Bitmine acquires over 71,000 Ethereum and secures NYSE uplisting, stock surges 7%

[ad_1] Shares of Bitmine Immersion Technologies (BMNR) rose about 7% intraday Monday after the company said it added 71,252 ETH over the past week and secured approval for a New York Stock... Read more »

ARK Invest Adds Bullish, BitMine, Circle, Robinhood and Bitcoin ETFs

[ad_1] ARK Invest closed out the week with a fresh round of accumulation across several of its flagship funds, picking up positions in Circle, Bullish, BitMine, Robinhood and Bitcoin ETFs as crypto-related... Read more »

Tom Lee’s BitMine reports holding over $6.6 billion in Ethereum and Bitcoin

[ad_1] Key Takeaways BitMine now holds over $6.6 billion in crypto, including 1.52 million ETH and 192 BTC, making it the second-largest crypto treasury. Thomas “Tom” Lee said BitMine continues to lead... Read more »

Tom Lee’s BitMine expands equity offering to $24.5B for more Ethereum acquisitions

[ad_1] Key Takeaways BitMine Immersion Technologies expanded its equity offering to $24.5 billion for more Ethereum acquisitions. The offering is a five-fold increase from the previous $4.5 billion authorization and will be... Read more »

Ark Invest pivots to BitMine amid rising Ethereum treasury

[ad_1] Cathie Wood’s Ark Invest has shifted its crypto-focused investment strategy, reducing its holdings in Coinbase, Robinhood, and Block in favor of BitMine Immersion, an Ethereum-focused treasury firm. According to Ark’s July 21 trading... Read more »

Publicly Traded Mining Firms Face Pressures While Bitmine Shares Surge

[ad_1] Crypto mining stocks posted sharply divergent results across daily, weekly, and year-to-date periods, with Bitmine emerging as the sector’s standout performer. Crypto Mining Stock Performances Diverge Sharply The crypto mining industry... Read more »

BitMine Stock Soars 700% Within 24 Hours – Will Ethereum Treasury Strategy Make Another MicroStrategy?

[ad_1] BitMine $BMNR has been on fire since Monday – after naming Fundstrat’s Tom Lee as Chairman, the stock skyrocketed. Now, it’s raising $250M for an Ethereum treasury strategy. Could this be... Read more »