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Bitmine, the largest Ethereum treasury firm, purchased 101,745 ether last week, bringing its total holdings to over 5.18 million ETH, roughly 4.29% of the token’s outstanding supply. The $238 million acquisition comes as Chairman Thomas Lee declared that a new “crypto spring” is underway, even as broader market sentiment remains cautious and subdued. The purchase…
BitMine Immersion Technologies has made its largest Ethereum purchase of 2026, acquiring 71,179 ETH valued at approximately $143 million. The acquisition marks a significant divergence from broader market trends, as most major digital asset treasuries have halted or reduced their cryptocurrency holdings during the recent market downturn. The purchase extended BitMine’s buying streak to four…
The Ethereum Foundation has completed an over-the-counter sale of 5,000 Ether to BitMine Immersion Technologies, a transaction valued at approximately $10.2 million. The sale represents the second time the organization has sold ETH directly to a corporate treasury buyer through an OTC arrangement. According to a Saturday X post from the Ethereum Foundation, the proceeds…
