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The Latest Breaking News from BitMine

Cathie Wood-Backed BitMine Slides Pre-Market As Ethereum Reverses From Record Highs—But This Peter Thiel-Linked ETH Treasury Stock Has Gained

Shares of Ethereum (CRYPTO: ETH) treasury companies opened lower in Monday’s pre-market trading after ETH failed to sustain its rally to record highs.

Benzinga

Tom Lee Calls Ethereum A 1971-Style Gold Moment As ETH Hits New All-Time High, Says 'Very High Probability' Of Flipping Bitcoin

Wall Street strategist Tom Lee is drawing parallels between Ethereum (CRYPTO: ETH) and the 1971 abandonment of the gold standard, predicting a “very high probability” that the cryptocurrency will eventually flip Bitcoin (CRYPTO: BTC) in market value.

Benzinga

BitMine Immersion Stock Shoots Higher On Ethereum Rally

BitMine Immersion Technologies Inc. (NASDAQ:BMNR) shares climbed on Friday as markets rallied following dovish remarks from Federal Reserve Chair Jerome Powell.

Benzinga

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3 Crypto Stocks That Cathie Wood Is Betting Big on Here

Cathie Wood believes this crypto rally has just started and can continue delivering stellar returns.

Barchart

Why BitMine’s Massive Discount Could Signal a Major Opportunity

With a multi-billion-dollar Ethereum treasury, BitMine's stock valuation appears disconnected from its underlying assets, signaling a potential opportunity.

MarketBeat

What's Going On With BitMine Immersion Technologies Stock Today?

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are trending on Monday. The company provided an update on its Ethereum (CRYPTO: ETH) treasury strategy.

Benzinga

Tom Lee's $5 Billion Ethereum Bet Puts Bitcoin Maximalists On Notice

Bitcoin (CRYPTO: BTC) maximalists typically call their coin "digital gold." But Tom Lee, Fundstrat co-founder and now chairman of Bitmine Immersion Technologies Inc (NYSE:BMNR), is maximizing the potential of a different digital asset — Ethereum (CRYPTO: ETH).

Benzinga

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BitMine's Crypto Holdings Surpass 1.52 Million ETH To Become Second-Biggest Crypto Treasury

BitMine Immersion Technologies (AMEX:BMNR) disclosed that its crypto holdings have exceeded $6.61 billion, including 1.52 million Ethereum (CRYPTO: ETH) tokens, making it the world's largest Ethereum treasury and the second-largest crypto treasury globally.

Benzinga

Bitcoin Touches $122,00 As Total Crypto Market Cap Nears $4.2 Trillion

Bitcoin (CRYPTO: BTC) surged to a fresh weekly high of $122,026 on Wednesday before falling back below $121,000, capping a broad cryptocurrency market advance that lifted total capitalization to $4.189 trillion, according to CoinGecko data.

Benzinga

Bitmine Plans $20 Billion Ethereum Blitz — Could ETH Hit $15,000?

Ethereum's (CRYPTO: ETH) next moonshot might be brewing — and it's not coming from a meme coin army, but from Bitmine Immersion Technologies Inc's (NYSE:BMNR) boardroom.

Benzinga

BitMine Expands Stock Sale Program To $24.5 Billion For Ethereum Purchases

BitMine Immersion Technologies (AMEX:BMNR) has significantly expanded its stock sale capacity, outlining plans to raise up to $24.5 billion to accelerate Ethereum acquisitions.

Benzinga

BitMine (BMNR) Stock Surges As Company Continues To Stack Ethereum At 'Lightning Speed'

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are rising Monday after rallying about 24.5% on Friday. Here’s a look at what’s going on.

Benzinga

BitMine (BMNR) Stock Surges As Company Becomes World's Largest Ethereum Holder

Shares of Bitmine Immersion Technologies Inc (NYSE:BMNR) are trading sharply higher this week, propelled by the firm’s ongoing strategic pivot to build an Ethereum (CRYPTO: ETH) treasury. Here’s what investors need to know.

Benzinga

Cathie Wood Is Buying Shares of This Little-Known Ethereum Treasury Company. Should You?

Cathie Wood backs underdog BitMine’s bold Ethereum treasury pivot, yet thin margins and volatile crypto reserves warrant caution.

Barchart

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Benzinga

Fundstrat's Tom Lee: Owning Bitcoin Is Like Owning Land Under A McDonald's

Bitcoin (CRYPTO: BTC) is undergoing a reframing in how institutions may treat it, not as a volatile asset, but as digital infrastructure akin to real estate.

Benzinga

Ethereum Treasury Wave Sweeps Walls Street: This Company Now Holds Nearly 4x More ETH Than Vitalik Buterin

BitMine Immersion Technologies, Inc. (AMEX:BMNR) is aggressively investing in Ethereum (CRYPTO: ETH), with its current holdings far exceeding those of the network's co-founder, Vitalik Buterin.

Benzinga

Tom Lee Calls Ethereum The 'Biggest Macro Trends For The Next 10–15 Years' As BitMine Becomes Largest ETH Holder With $3 Billion Treasury

Fundstrat Global Advisors Head of Research Tom Lee said Ethereum (CRYPTO: ETH) is among the “biggest macro trends for the next 10-15 years” as BitMine Immersion Technologies Inc. (AMEX:BMNR) announced on Monday it now holds 833,133 ETH tokens valued at $3.0 billion.

Benzinga

BitMine Stock Is Trading Higher Monday: What's Going On?

BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher Monday after the company said its ETH holdings now exceed $2.9 billion, making it the largest Ethereum treasury in the world and the third-largest crypto treasury overall, behind only MicroStrategy Incorporated (NASDAQ:MSTR) and MARA Holding, Inc. (NASDAQ:MARA). The company launched its…

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Benzinga

Cathie Wood's Ark Invest Loads Up On Coinbase, Roku, Illumina, And Bitmine Immersion

On Friday, Cathie Wood-led Ark Invest made significant trades involving a number of prominent stocks including Coinbase Global Inc. (NASDAQ:COIN), Roku Inc. (NASDAQ:ROKU), Illumina Inc. (NASDAQ:ILMN), and Bitmine Immersion Technologies Inc. (NASDAQ:BMNR).

Benzinga

EXCLUSIVE: July's 20 Most-Searched Tickers On Benzinga Pro — Where Do Opendoor, Nvidia, Apple Stock Rank?

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers.

Barchart

These 3 Hot Stocks Are Building Out Crypto Treasuries. Should You Buy, Sell, or Hold Them Now?

These companies are going all-in on cryptocurrencies, and Wall Street has already rewarded them with triple-digit gains. Is more upside ahead?

Benzinga

Cathie Wood's $15M Crypto Bet: Sells Bitcoin King Block, Doubles Down On Ethereum Giant Bitmine Immersion

On Tuesday, Cathie Wood-led Ark Invest executed significant trades, focusing on Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic positioning in the market amidst evolving financial landscapes.

Barchart

BitMine Immersion Just Announced a $1 Billion Share Repurchase Plan. How Should You Play the Bitcoin Treasury Stock Here?

Bitmine stock in focus as Tom Lee’s ETH firm announces a $1 billion share repurchase plan. But does that make BMNR shares worth owning at current levels?

Benzinga

BitMine (BMNR) Stock Is Tumbling Tuesday: What's Going On?

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are bouncing around in early trading Tuesday after the company announced a shelf offering by selling stockholders and a subsequent stock repurchase program.

Benzinga

Cathie Wood Goes On A $20M Bitmine Immersion Bargain Hunt As Ark Trims Robinhood And Palantir Stakes

On Monday, Cathie Wood-led Ark Invest made significant trades, including a notable purchase of Bitmine Immersion Technologies Inc. (BMNR) shares. The investment firm also increased its holdings in Alphabet Inc. (NASDAQ:GOOG) and NVIDIA Corp (NASDAQ:NVDA), while reducing its stake in Robinhood Markets Inc. (NASDAQ:HOOD) and Palantir Technologies Inc (NASDAQ:PLTR).

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