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Ethereum news: Bitmine (BMNR) buys more as Tom Lee says ETH-BTC sends bullish signal

The Ethereum treasury company added nearly 10,000 ETH while expanding its stock buyback, citing ether outperforming bitcoin is sending a bullish signal.

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benzinga.com

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coindesk.comStai leggendo1 mese fa

Ethereum news: Bitmine (BMNR) buys more as Tom Lee says ETH-BTC sends bullish signal

Bitmine bought 9,946 ETH, lifting holdings to 5.79M ($11.2B), about 4.8% of circulating supply, chasing its 5% long-term goal. Ether's 24% monthly gain vs bitcoin's 8% and three-month high in ETH/BTC ratio signal renewed institutional crypto appetite.

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benzinga.com1 mese fa

Tom Lee's Bitmine Buys 9,946 ETH as ETH/BTC Ratio Hits 3-Month High - BitMine Immersion (NYSE:BMNR)

Bitmine reaches 5.8M ETH (4.8% supply, $19.4M weekly buy) while ETH/BTC ratio hits 3-month high; major funds like ARK Invest follow. Institutional shift to Ethereum signals potential volatility—tech buyers must track macro concentration.

Ethereum news: Bitmine (BMNR) buys more as Tom Lee says ETH-BTC sends bullish signal

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Ethereum news: Bitmine (BMNR) buys more as Tom Lee says ETH-BTC sends bullish signal

Tom Lee's Bitmine Buys 9,946 ETH as ETH/BTC Ratio Hits 3-Month High - BitMine Immersion (NYSE:BMNR)

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Ethereum news: Bitmine (BMNR) buys more as Tom Lee says ETH-BTC sends bullish signal

Bitmine adds nearly 10,000 ETH while repurchasing 6.1 million common shares

Bitmine adds nearly 10,000 ETH while repurchasing 6.1 million common shares

Tom Lee's Bitmine Buys 9,946 ETH as ETH/BTC Ratio Hits 3-Month High - BitMine Immersion (NYSE:BMNR)