Crypto Potato 2025-08-12 21:15:12

Tom Lee’s Bitmine Becomes First Ethereum Treasury to Accumulate 1,000,000 ETH

Bitmine Immersion Technologies has become the first corporation to accumulate more than a million ETH for its strategic treasury. On Monday, the firm announced that its ETH holdings had reached 1.15 million tokens worth around $4.9 billion. It added that this total is 317,126 more than a week ago, and the treasury value is around $2 billion higher relative to that period. 1/4 BitMine today announced ETH holdings of 1,150,263 tokens: – ETH holdings of 1,150,263 is valued at $4.9 billion ($4,300 ETH) – 317,126 more ETH than a week ago – $2.0 billion higher than a week ago link : https://t.co/o0YJ7yqrjs — Bitmine BMNR (@BitMNR) August 11, 2025 Ethereum Treasurys on Fire Bitmine launched its ETH treasury strategy on June 30 and has passed several key milestones since then, including becoming the largest Ether treasury in the world. With almost $5 billion in holdings, it also ranks as the world’s third-largest crypto treasury, behind only Strategy and Mara Holdings. “In just a week, Bitmine increased its ETH holdings by $2 billion to $4.96 billion, lightning speed in the company’s pursuit of the ‘alchemy of 5%’ of ETH,” said Tom Lee of Fundstrat, and chairman of Bitmine’s Board of Directors. The firm has the largest share of overall ETH treasury holdings with 34% of a total of 3.49 million ETH. The next closest is SharpLink, which has just under 600,000 ETH, or around 17%. Ethereum treasury companies, of which there are only 12, now hold 2.9% of the entire supply of the asset. Meanwhile, spot Ether ETFs hold around 5% of the total circulating supply. Bitmine (BMNR) is now one of the most widely traded stocks in the US, according to data from Fundstrat, which reported that the it has generated an average daily dollar volume of $2.2 billion. Its value has skyrocketed more than 1,300% since it started stacking and staking ETH and is also up 14.7% from Monday, reaching $60 in after-hours trading, according to Google Finance. The crazy mf actually did it. Tom Lee is the first to 1m ETH. New buys revealed show 1.2m ETH ($5 billion). In one month he’s made it 20% of the way to his goal to acquire 5% of all ETH supply. 12x faster than Saylor. We are past the moon headed toward the andromeda galaxy. pic.twitter.com/dlvf1tUmxv — RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) August 11, 2025 Ethereum Holds Its Ground Ether prices hit a three-and-a-half-year high of $4,350 on Monday, a level not seen since the bull market in late 2021. It retreated to $4,200 in the hours that followed but managed to reclaim $4,300 during the Tuesday morning Asian trading session, indicating that the rally may not be over yet. ETH is now just 12% away from its all-time high, almost four years ago. Meanwhile, Ether spot ETFs have seen their highest inflow since inception at just over $1 billion on Monday. The post Tom Lee’s Bitmine Becomes First Ethereum Treasury to Accumulate 1,000,000 ETH appeared first on CryptoPotato .

La maggior parte ha letto le notizie

Dark Defender Says XRP Is Ready. Here’s What...
2025-08-13
Analysts Predict MAGACOIN FINANCE Could 63x a...
2025-08-13
ETH transaction count rising amid $5K push, b...
2025-08-13
Coinbase Unlocks Seamless USDC Transactions v...
2025-08-13
OKB Doubles in Price, Hits Record High as OKX...
2025-08-13
ChatGPT’s SOL Analysis: Ethereum’s $4,700 Sur...
2025-08-13
Binance Security Officer Explains the Biggest...
2025-08-13
Google Play sets new licensing rules on crypt...
2025-08-13

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta