BitMine Nears 5% of Ethereum Supply With 6M ETH
The remaining 103,698 ETH would cost about $279.8M at the company's reference price, but its next allocation could favor staking, liquidity or share buybacks.
Every Zipp story tagged #DigitalAssetTreasury, newest first.
The remaining 103,698 ETH would cost about $279.8M at the company's reference price, but its next allocation could favor staking, liquidity or share buybacks.
More issuance could expand the firm's HYPE treasury, but Nasdaq's 19.99% cap limits sales priced below $12.02 after the first $1B unless shareholders approve them.
The $31M quarter is only half the story. The other half is Hyperion building the HIP-3 and HIP-4 rails with the very tokens that drove the gain.
Eight named DATs have liquidated or pledged most of their holdings as bitcoin's 50% slump from the 2025 peak forces a sector-wide reset.