12 stories about Bitmine from across the crypto press, curated and summarized daily. Most recent: Oct 7, 2026.
Bitmine, the world's largest Ethereum treasury, will stop buying Ether once it reaches 5% of the circulating supply. The firm has been accumulating ETH since mid-2025, and its exit as a steady buyer could remove a key support for ETH's price.
Bitmine has added 15,112 ETH to its holdings, while Chairman Tom Lee highlighted Ethereum's strong performance, outperforming the S&P 500 by 6,832 basis points in Q3. This move underscores growing institutional confidence in Ethereum as a macro asset.
Bitmine Chairman Tom Lee predicts a major breakout for Ethereum following years of rangebound trading, driven by tokenization and institutional adoption. Speaking on Coinage, Lee also revealed that Bitmine is nearing its goal of holding 5% of all circulating ETH.
BitMine, led by Tom Lee, is nearing its goal of owning 5% of Ether’s supply by early November. The firm currently holds over 4.9% of Ether’s circulating supply, valued at $17.2 billion. The question remains whether BitMine will continue its aggressive buying spree beyond this milestone.
Tom Lee's firm, Bitmine, purchased $81 million worth of Ethereum (ETH) in the largest weekly haul since early July. This comes as ETH's price surged 30% in a week, with Lee suggesting this could signal a larger upward trend.
Bitmine, chaired by Tom Lee, has purchased an additional $19 million worth of Ethereum, bringing its holdings to 96% of the way to owning 5% of Ethereum's total supply.
Ether (ETH) is climbing toward $2,000 as major companies like Bitmine and Robinhood increase their involvement in the Ethereum ecosystem. This surge is driven by institutional adoption, DAT buying, and a long-awaited network upgrade.
Ethlabs was formed with support from SharpLink, Bitmine and Consensys CEO Joe Lubin as the network's development is expanding beyond the Ethereum Foundation.
BitMine continued buying Ether through the market downturn, growing its stake to nearly 5% of the circulating supply while generating staking yield amid mounting ecosystem challenges.
Bitmine, an Ethereum-focused firm led by Tom Lee, has added $136 million worth of ether to its treasury after raising $274 million through a preferred stock sale. The financing method was inspired by Michael Saylor's bitcoin treasury firm, Strategy.
BitMine, an Ethereum-focused treasury led by Tom Lee, has priced an upsized offering of preferred shares with a 9.5% dividend to raise funds for buying Ethereum. The move mirrors a strategy used by Strategy (formerly MicroStrategy) in the Bitcoin space.
Bitmine, an Ethereum treasury firm, reduced weekly ether purchases by more than 75% after the previous week's aggressive buying. Last week, the firm bought $53 million worth of ETH, compared to 112,000 ETH (worth about $275 million at the time) the week before.