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BitMine acquires $135M in Ethereum, signaling institutional interest in ETH treasury strategies
BitMine Immersion Technologies bought 76,881 ETH worth $135M, bringing total holdings to 5.6M ETH as the company targets 5% of Ethereum's supply.
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decrypt.co
Tom Lee's BitMine Adds $139 Million in Ethereum Ahead of Preferred Share Trading Start - Decrypt
BitMine Immersion Technologies expanded its leading Ethereum treasury to more than 5.6 million ETH valued at greater than $10 billion.
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coindesk.com
Ethereum news: Tom Lee's Bitmine (BMNR) buys 76,881 ETH as preferred equity sale fuels expansion
Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.
