In brief
Bitmine Immersion is planning to raise up to $24.5 billion from its common stock sales to buy more ETH.
The Ethereum treasury firm is selling its common stock for…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on…
Reason to trust
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In brief
Bitcoin miner BitMine Immersion now holds $3 billion in Ethereum.
The miner is now accumulating ETH and is the third largest public crypto treasury.
BitMine Chairman and permabull Tom Lee…
In brief
Bitmine Immersion Technologies has approved a plan to execute an up to $1 billion buyback of its common stock.
The repurchase plan is open-ended, with purchases happening periodically over…
In brief
House Majority Whip Tom Emmer (R-MN) believes the Senate will ultimately opt to pass the House's market structure bill, the CLARITY Act.
The Senate is currently in the midst of…
In brief
BitMine Immersion Technologies' Ethereum token holdings have reached $2.1 billion.
The firm, which previously focused on Bitcoin mining, holds more ETH than any other Ethereum treasury firm.
The company…
Bitcoin (BTC) analysis
reveals a market poised for explosive growth, with Wall Street's most accurate
crypto forecaster backing astronomical targets that dwarf previous BTC price predictions.
Tom Lee of
Fundstrat is confident that Bitcoin's…
Reason to trust
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In brief
SEC filings have revealed Thiel-linked entities bought 9.1% of BitMine Immersion Technologies.
BitMine's volatile stock briefly soared amid its ETH treasury-building strategy.
Ethereum treasuries are gaining traction as firms look beyond…
