10x Resarch: Ethereum Nears Key Valuation Zone
Analysis firm 10x Research revealed that the company Bitmine is facing $8.8 billion in losses on its Ether holdings. This figure even exceeds the deficit recorded
BitMine (Latest Publications)
BitMine Boosts Ethereum Exposure With $98M Investment Amid Massive Unrealized Loss
TL;DR: Bitmine acquired an additional 51,162 ETH for $98 million and now holds 4.42 million tokens, equivalent to 3.66% of the total supply. The company reports
Ethereum Stuck Below $2,000 — But BitMine Signals a Potential Breakout
TL;DR: On Friday, two main topics captured investors’ attention: Ethereum’s price and BitMine’s predictions. Currently, the asset is struggling to hold below the psychological barrier of
35,000 ETH Added to Treasury — Yet BitMine’s BMNR Stock Tanks
TL;DR: BitMine acquired 35,000 additional ETH in a single day, bringing its total reserves to 4.37 million ETH valued at approximately $9.6 billion. BMNR shares fell
BitMine Scoops Up $91M in Ethereum While Tom Lee Flags Market Mood Similar to Prior Bottoms
TL;DR: The company acquired an additional 45,759 ETH, reaching a total of 4.3 million tokens in its treasury. BitMine already stakes 69% of its assets, generating
Bitmine’s Sudden 40,000 ETH Purchase Leaves Traders Wondering What’s Next
TL;DR Bitmine acquired 40,000 ETH in two transactions worth about $83 million, one of the largest private buys this quarter. The operation appeared while Ethereum traded
BitMine Scoops Up $82M in ETH While BMNR Drops 5%; Firm Now Controls 3.58% of Ethereum Supply
TL;DR: BitMine Immersion Technologies acquired an additional 40,613 ETH, bringing its total treasury to 4.3 million units. Despite the aggressive accumulation, BMNR shares fell 5% due
Crypto Collapse Leaves Michael Saylor and Tom Lee $12B in the Red
TL;DR: Strategy and Bitmine have suffered multi-billion dollar losses following the recent and sharp correction in the digital asset market, highlighting the vulnerability of companies that
Crypto-Focused Treasury Companies Tumble as Bear Market Deepens
This Thursday, shares of crypto-focused treasury companies, such as BitMine Immersion Technologies (BMNR) and Strategy (MSTR), suffered declines of nearly 10%. Nasdaq and Yahoo Finance reported
Ethereum Treasury Giant Bitmine Stakes Over 50% of Its Holdings
TL;DR Bitmine Immersion now stakes more than half of its Ethereum reserves, reinforcing Ethereum’s role as a yield-generating treasury asset for corporations. The company relies on
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
