Bitmine Adds 9,587 ETH as Tom Lee Hails ‘Seismic Shift’ for Ethereum
Bitmine adds 9,587 Ethereum as Tom Lee calls Vitalik Buterin’s “ETH is money” declaration a seismic shift.
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Bitmine adds 9,587 Ethereum as Tom Lee calls Vitalik Buterin’s “ETH is money” declaration a seismic shift.
Bitmine Immersion Technologies announced its latest asset holdings, reporting approximately $14.3 billion in total assets including over 6 million ETH.
U.S. futures rose, but Dole fell 8.3% after missing Q3 estimates. CEVA, CYPH, CLNE, SMRT, OBX, ASST, NVDA and BMNR also declined premarket.
Coinbase Global, Inc. has secured approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national bank charter, marking a significant expansion into traditional financial infrastructure.
Major digital asset treasury companies like Strategy and Bitmine continue buying Bitcoin and Ethereum despite slowing their pace compared to a year ago. Strategy holds 4% of Bitcoin's supply and remains a net buyer, while Bitmine controls 4.9% of Ethereum's supply. The author argues this sustained demand from large institutional buyers creates supply pressure that should support long-term price appreciation for both cryptocurrencies.