Tom Lee's Bitmine buys 42,197 ETH worth $74m
Bitmine Immersion Technologies added 42,197 ETH to its treasury last week for about $74 million, lifting the company’s Ethereum holdings to 5.74 million ETH and moving the company even closer
Tag
Bitcoin
News, analysis, and explainers connected to Bitcoin across the CryptoCompass archive.
Latest Bitcoin Stories
Newest first
Strategy sells 3,588 BTC for $216M to fund dividends, keeps $2.55B reserve
MicroStrategy’s long-time Bitcoin proxy, Strategy (formerly MicroStrategy Incorporated), has again sold a portion of its holdings to fund corporate needs. In a Form 8-K filed with the U.S. Se
Strategy Sells 3,588 Bitcoin While Q2 Digital Asset Loss Reaches $8.3 Billion
Strategy sold 3,588 Bitcoin, raising $216 million while reducing holdings and strengthening its US dollar reserve during the reporting period. The company reported an $8.32 billion unrealized
Binance Lists Strategy's STRC Stock: What It Means for Traders
Binance has listed Strategy's STRC stock, expanding its stock-linked product offerings to include the crypto-adjacent company's equity instrument on its trading platform. The listing was conf
Garret Jin Raises His 2x Leveraged ZEC Short
Jin Builds on a Profitable Zcash Playbook Bitcoin OG Garret Jin (@GarrettBullish) has raised his 2x leveraged $ZEC short to 32,759.57 tokens, bringing the position's notional value to roughly
XRP ETF Inflows Hit Eight Week Streak
Institutional Demand Holds Through Eight Straight Weeks $XRP spot ETFs have now recorded net inflows for eight consecutive weeks, a run that underscores sustained institutional appetite even
Bitmine Reaches 4.8% Ownership of Global Ethereum Supply
While @Saylor continues to prioritise $BTC, Tom Lee (@fundstrat) is taking a different path, steadily building one of the most significant Ethereum positions in public markets. Bitmine's tota
Russia's Largest Bank is Set to Launch Crypto Wallet
Russia's largest bank, Sberbank, is preparing to bring cryptocurrency directly into its retail and institutional banking ecosystem. The bank plans to introduce a crypto wallet and digital dep
Strategy Sold 3,588 $BTC To Fund Digital Credit Dividends
Strategy Sells Bitcoin to Service Digital Credit Obligations @Strategy, the Bitcoin treasury company led by @Saylor, has sold 3,588 $BTC for approximately $216 million to meet dividend requir
Eric Trump's American Bitcoin Expands Treasury To Over 8,000 $BTC
American Bitcoin ($ABTC), the Nasdaq-listed Bitcoin mining and treasury firm co-founded by @EricTrump, has added another 500 $BTC to its reserves, pushing total holdings past 8,000 $BTC as of
South Korea to Hear From Polymarket Before Gambling Review Decision
South Korea will hear directly from Polymarket before making a final decision on whether the prediction market platform violates the country's gambling laws, setting up a pivotal regulatory m
Strategy’s Bitcoin Sale Just Hit A Market That Was Already On Edge
The Strategy Bitcoin Sale today became the latest reminder to traders and investors worldwide that even the strongest institutional narratives can surprise. According to data shared by Michae