Bitmine Adds 127K ETH as Tom Lee Calls Selloff 'Superficial'
Bitmine is now 92% of the way to its 5% of circulating ETH target after a sharp week-over-week jump in accumulation — and the chairman is buying harder into a ~30% drawdown.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
Bitmine is now 92% of the way to its 5% of circulating ETH target after a sharp week-over-week jump in accumulation — and the chairman is buying harder into a ~30% drawdown.
The 1,550 BTC purchase is a routine data point; the quiet lift of the USD Reserve from $900M to $1B is the more telling signal about how the next tranche gets funded.
Bitmine disclosed it acquired 126,971 ETH over the past week, lifting its total Ethereum holdings to 5.54 million ETH —…
Bitmine now owns 4.59% of all ETH and is 92% of the way to its "Alchemy of 5%" target — but the position is sitting on a $9.88B unrealized loss at an average cost of ~$3,460.
The buy is routine for Saylor's playbook, but the math underneath tells the institutional story: average cost is now $75,680 against a market roughly 17% below it, and he's still adding.
Google and Nvidia are both considering Intel as a backup chip manufacturer, a development that signals growing concern…
BitMine, the crypto treasury vehicle backed by Fundstrat co-founder Tom Lee, has acquired 126,971 ETH valued at…
Michael Saylor's Strategy has acquired 1,550 Bitcoin for approximately $98 million, continuing the firm's relentless…
Vivek Ramaswamy's asset management firm Strive has purchased 32 Bitcoin valued at approximately $2 million, marking the…
Consensys is positioning for the agent economy before one exists at scale: the wallet lets autonomous software move real capital across DeFi, but every transaction still routes through human-set…
Tom Lee's reversal matters more than the headline figure: the largest ether treasury just told the market the pullback is a buying opportunity, even as it pushes toward its 5% supply target.
A 55-seat curated gathering of Web3 and institutional finance leaders, co-hosted with Neyro Network during one of the year's flagship Ethereum weeks.
Only Bitcoin and XRP have held a top-10 market-cap slot since 2014 — a durability fact the current $1.4B cumulative inflow figure and exchange-outflow data are now reinforcing.
The coalition includes Coinbase, Ripple, Kraken, and a16z — and lands as the bill's biggest test yet, with bipartisan committee passage behind it and a summer floor vote the live deadline.
The 1,550 BTC add lands at a 14% discount to Strategy's $75,680 average cost basis — the company is buying back into weakness with $1B of dry powder, and the MVRV Z-Score is flashing prior-cycle…
Saylor is buying again — and the move that spooked markets last week looks less like an end to accumulation than a dividend-driven liquidity event now safely buffered.
Saylor's first buy disclosure since the symbolic 32 BTC sale in early June lands with the stack now worth ~$53.5B and paper losses near $10.5B — the accumulation cadence is back on, but the company…
Banks pushed Congress to strip passive stablecoin rewards — Coinbase and Ethena are now testing whether activity-based yield on idle USDC balances can route around the ban.
Strategy has acquired an additional 1,550 Bitcoin for approximately $101.3 million, bringing its total corporate…
The 42-day campaign ties prediction markets, trading challenges and team competition under a single Golden Ball mechanic — a loyalty hook built for active users rather than spot-only flow.