Bitmine bought another $435 million worth of Ethereum in the first week of December as the company’s stock price extended a 45% rally from last month’s lows. “Our stepped up buying activity reflects our confidence that Ethereum prices should strengthen in the months ahead given multiple catalysts,” Bitmine Chair Tom Lee said Monday. Fusaka, a major upgrade to the $376 billion network, rolled out on December 3 and “delivers an array of improvements in scalability, enhanced security, and usability,” Lee sa ...

BitMine Immersion Technologies, the top Ethereum treasury company ranked by holdings, announced that it purchased 138,452 ETH last week, or about $429 million worth based on the current price of the second-largest cryptocurrency by market cap. That brings the company’s ETH holdings to 3.864 million, or about $12 billion worth, along with 193 Bitcoin ($17.3 million worth) and $1 billion in cash. It’s the company’s largest Ethereum purchase in nearly two months, since buying over 200,000 ETH in a purchase ann ...

BitMine Immersion Technologies (BMNR), the Ethereum-focused digital asset treasury firm, acquired 138,452 ether (ETH) last week, accelerating its accumulation strategy that lifted its total holdings to 3.86 million tokens, the company reported Monday. At current ETH prices, last week’s acquisition is worth roughly $435 million. That's a 156% increase from four weeks ago when it added about 54,000 ETH, the firm pointed out, and it's also higher than the previous two weeks' haul of 97,000 and 70,000 tokens. ...

Group 1 - The crypto space is experiencing significant growth in importance, indicating potential investment opportunities for individual investors [1] - PropNotes focuses on identifying high-yield investment opportunities and simplifying complex concepts for better investor understanding [1] - The analysis provided by PropNotes aims to assist investors in making informed decisions backed by expert research [1] Group 2 - The article expresses a beneficial long position in the shares of COIN, highlighting a positive outlook on the company's stock [2] - The author emphasizes that the opinions expressed are personal and not influenced by any compensation from companies mentioned [2] - There is no business relationship disclosed with any company whose stock is referenced, ensuring an unbiased perspective [2]