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Leading Ethereum treasury firm BitMine Immersion Technologies bought the dip, making its largest weekly ETH purchase so far this year.
Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tanked
Written by Dominic Basulto for The Motley Fool -> Ethereum could skyrocket from $2,000 to a price of $62,000, according to Bitmine Immersion Technologies' Tom…
As chairman of Bitmine Immersion Technologies (NYSE: BMNR) , the world's largest Ethereum (CRYPTO: ETH) treasury company, Tom Lee is no stranger to super-bulli…
BitMine is borrowing from Strategy’s Bitcoin playbook, debuting its own preferred share in an upsized offering to raise funds to buy Ethereum.
The offering would tie fixed cash dividends to a staking-heavy ETH treasury model as Strategy’s preferred stock remains under pressure.
The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.
Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks
