Bitmine adds 26,497 ETH, holds 5.42M — 4.49% of supply
Eleven months in, Bitmine is 90% of the way to its "Alchemy of 5%" target — and the pace of accumulation has not slowed.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
Eleven months in, Bitmine is 90% of the way to its "Alchemy of 5%" target — and the pace of accumulation has not slowed.
Thirty-two coins is noise; the structural read is the funding mix — selling BTC to pay preferred dividends shifts the story from treasury accumulator to capital-cycle manager.
The dollar size is trivial, but the symbol is not: Strategy hadn't sold since December 2022, and even then it bought back within 48 hours.
The rotation reads as a structural shift inside the institutional book — the largest corporate BTC holder trimming while Tom Lee's Bitmine pushes toward 5% of all ETH in under a year.
Michael Saylor's Strategy has sold 32 Bitcoin valued at approximately $2.5 million, a notable departure from the firm's…
The 75% drop in weekly buying is a deliberate taper, not a cooldown — Tom Lee's treasury is roughly 90% to its 5% of ETH supply goal, with staking now generating an estimated $258M a year.
The 32 BTC sale is a rounding error against MSTR's 840,000-coin stack — but the signal is the first outbound flow under Saylor since 2022, and the reason: dividend funding.
Michael Saylor's Strategy sold 32 bitcoin for approximately $2.5 million, nudging its total holdings down to 843,706…
The dollar figure is rounding-error size, but the precedent isn't: the company just used a slice of its 843,706 BTC stack to pay preferred-stock holders, and the per-coin exit was above its blended…
Strategy — the Michael Saylor-led firm that has made Bitcoin accumulation the centerpiece of its corporate identity —…
Two newly created wallets withdrew 984 BTC — worth approximately $72 million — from BitGo custody within the past hour…
The headline is 'may sell' — but the operating logic is tax-loss harvesting into a still-volatile tape, and net BTC per share is still expected to rise.
Michael Saylor, executive chairman of Strategy and Bitcoin's most vocal institutional advocate, posted a cryptic…
NVIDIA has crossed a landmark threshold, now spending more than $100 billion annually in Taiwan — a figure that…
The $1.3B stack — and a 16-month no-sell stance — lands days before what could be the largest IPO in history, signalling corporate Bitcoin adoption at a new scale.
Tom Lee's publicly traded crypto investment vehicle Bitmine has added another 25,000 ETH to its holdings, deploying…
The move routes institutional derivatives flow through a CFTC-regulated FCM instead of forcing desks offshore — and folds Deribit access into a single US-compliant pipe.
The transfer is small against the 843,738 BTC hoard, but it lands the same week Strategy paused buys, repurchased $1.5B in converts, and told investors BTC sales are now in the financing toolkit.
Coinbase has become the first CFTC-regulated platform to offer U.S. institutions direct access to global crypto…
The dollar cost is zero; the structural win is bringing offshore perp liquidity back onshore — and the approval lands without a formal rule, leaving it reversible by the next chair.