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BitMine Adds to ETH Holdings Despite $6.5B Unrealized Losses
Bitmine

BitMine Adds to ETH Holdings Despite $6.5B Unrealized Losses

BitMine boosts its Ethereum treasury to over 5M ETH, despite $6.5B in unrealized losses, leveraging staking rewards for income.

Bitmine Buys 71,524 ETH in Week, Now Holds 4% of Total Supply
Bitmine

Bitmine Buys 71,524 ETH in Week, Now Holds 4% of Total Supply

Bitmine Immersion Technologies acquired $169M in Ether last week, pushing holdings to 4.87M ETH as the company targets 5% of total supply.

BitMine CEO Labels Ethereum a 'Future Bargain'; Bit Digital Targets $100M Investment
Bitmine

BitMine CEO Labels Ethereum a 'Future Bargain'; Bit Digital Targets $100M Investment

BitMine CEO Thomas Lee views Ethereum as a future discount, aiming to raise $100 million through convertible senior notes by 2030. BitMine's stock surged 15% following Peter Thiel's stake.

Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners
Bitmine

Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners

Bit Digital has signed on with BitMine to buy ASIC miners that use oil cooled immersion technology to create a highly efficient environment for heat dissipation, provide superior mining production, and machine longevity.