Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether
The company is likely sitting on about $3 billion in unrealized losses on its holdings of nearly 4 million ether tokens.
B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepe...
The investment bank slashed price targets across so-called Datcos, citing sector-wide pressure and weaker accumulation trends.
BitMine Immersion Acquires $173M in Ether as Tom Lee Suggests Reason Behind Cryp...
The Bitmine chairman said a wounded market maker could be scaling back operations, tightening crypto liquidity and weighing on dig...
BitMine Names Chi Tsang as CEO, Adds Three New Members to Board
TLDR BitMine has appointed Chi Tsang as its new CEO and board member, succeeding Jonathan Bates. Tsang was previously the founder...
Tom Lee's Ethereum Treasury Firm BitMine Immersion Appoints Chi Tsang as CEO
Tsang has replaced Jonathan Bates, who led the former bitcoin mining firm from its early days through its pivot to an Ethereum tre...
BitMine Names New CEO as ETH Strategy Accelerates With Major Board Refresh
TLDR: BitMine names Chi Tsang as CEO while adding three independent directors across finance and legal sectors. The company report...
B. Riley Flags Recovery Signs in Digital Asset Treasuries as BitMine Extends Eth...
After weeks of weakness, the bank flagged a potential rebound in digital asset treasury companies as macro risks cooled and short...
Ethereum’s Growth Boosted by BitMine’s $13.2B Ethereum Treasury
TLDR BitMine now holds over 3.5 million ETH, valued at $13.2 billion. The company increased its Ethereum holdings by 34% in the pa...
Tom Lee's BitMine Immersion Bought Last Week's Ether Dip, Adding 110K Tokens to...
The crypto treasury firm now owns 2.9% of the ETH supply and holds nearly $398 million in cash for more purchases.
Tom Lee's BitMine Kept Buying Ether, Added 110K Tokens to Holdings
The crypto treasury firm now owns 2.9% of the ETH supply and holds nearly $398 million in cash for more purchases.