Daily Crypto News & Musings

Latest News and Articles about Bitmine

Bitmine’s $97.6M Ethereum Buy and $352M Staking Move Shakes Up Stagnant Market

Bitmine Bets Big on Ethereum: $97.6M Buy and $352M Staking Shake Up the Market Ethereum (ETH) is stuck in a frustrating rut, with prices hovering around $3,000 and investors seemingly asleep at the wheel. Yet, amidst this dreary market, institutional giant Bitmine has made a power move, snapping up 32,938 ETH worth $97.6 million and […]

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BitMine Stakes $451M in ETH: Bold Move for Yield and Blockchain Power

BitMine’s $451M ETH Stake: A Titan’s Gambit for Yield and Blockchain Dominance BitMine Immersion Technologies Inc., the largest publicly traded holder of Ethereum, has just made a seismic move by staking 154,176 ETH—worth a jaw-dropping $451 million—into Ethereum’s proof-of-stake network on December 27. This isn’t just a financial flex; it’s a calculated pivot from the […]

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Ethereum Price Crashes 40% as Bitmine Buys $88M in ETH: Whale Bet or Risky Move?

Ethereum Price Plummet Meets Whale Power Play: Bitmine Snags $88M in ETH Ethereum (ETH) is caught in a brutal downturn, bleeding 40% since its August peak and struggling to stay above the pivotal $3,000 mark, yet a major institutional player is betting big. Bitmine, a heavyweight miner, has just dropped $88.1 million to acquire 29,462 […]

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BitMine Bets $40M on Ethereum Amid Market Fear: Contrarian Genius or Risky Gamble?

BitMine’s $40M Ethereum Haul: A Bold Bet Against Market Panic While the crypto market trembles with dread and Ethereum (ETH) wrestles with bearish trends, BitMine, a heavyweight digital asset player linked to Fundstrat co-founder Tom Lee, has dropped a staggering $40.61 million to scoop up 13,412 ETH. This latest acquisition pushes their total holdings to […]

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BitMine’s $140M Ethereum Buy: Genius Move or Bear Market Mistake?

BitMine’s $140M Ethereum Grab: Bold Bet or Bear Market Blunder? BitMine, a company once rooted in Bitcoin mining but now laser-focused on Ethereum, has dropped a jaw-dropping $140.58 million to scoop up 48,049 ETH during a brutal price dip below $3,000. Spotted on-chain, this whale-sized buy from institutional trading platform FalconX has the crypto world […]

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Crypto Crash Oct 29, 2025: Bitcoin & Ethereum Drop, Solana ETF Shines, ETH Whale Shorts

Crypto Market Crash October 29, 2025: Bitcoin and Ethereum Plummet, Solana ETF Surges, Whale Bets Big Against ETH Hold onto your private keys, folks—October 29, 2025, has slammed the crypto market with a brutal sell-off, dragging Bitcoin and Ethereum into the red while a few outliers defy the odds. Amidst the chaos, an Ethereum whale’s […]

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BitMine Stock Jumps 6% on $11B Ethereum Haul—But Risks Loom Large

BitMine Stock Spikes 6% with $11 Billion Ethereum Haul—But Hold the Hype BitMine Immersion Technologies, a Las Vegas-based crypto juggernaut, has sent shockwaves through the market with its Ethereum (ETH) treasury swelling to a staggering $11 billion, driving its stock price up over 6% to $53.60 in a single session. Yet, behind the dazzling numbers, […]

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Bitcoin & Ether ETFs Smash $40B Weekly Volume: 2024 Bull Run or Bubble Risk?

Bitcoin & Ether ETFs Hit $40B Weekly Volume: Bull Run or Bubble in 2024? The cryptocurrency market is roaring with unprecedented momentum as Bitcoin and Ether Exchange-Traded Funds (ETFs) shatter records, amassing a staggering $40 billion in trading volume in just one week. With Bitcoin blasting past a new all-time high of $124,000 and Ether […]

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