- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
BitMine announces holding 163,000 ETH, worth over $500 million
BlockBeats News, July 14th, BitMine announced today that its Ethereum (ETH) holdings have surpassed $500 million. The company completed a $250 million first-round private placement on July 9th, continuing to advance its light-asset treasury strategy. As of 7:45 AM Eastern Time on July 14th, the company holds a total of 163,142 ETH.
Thomas Lee, the newly appointed Chairman of the BitMine Board and an analyst at Fundstrat, stated: "Following the completion of the $250 million private placement, our Ethereum holdings have now exceeded $500 million, confirming our strategic goal of increasing our Ethereum network assets."
You may also like
Crypto’s Decentralization Promise Falters at Interoperability
Interoperability in crypto exposes a decentralization gap, highlighting the reliance on centralized intermediaries. Users’ understanding of technical infrastructure…
Vitalik Advocates for Ethereum’s Simplified Future with ‘Garbage Collection’
Key Takeaways Vitalik Buterin stresses the need for a ‘garbage collection’ process to reduce Ethereum protocol complexity. The…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
Polymarket Exploit Arbitrage, Sonic Airdrop Accidentally Burned by Random Person, What's the Overseas Crypto Community Talking About Today?
Trump Reignites Tariff Storm, Cryptocurrency Market Faces Another 'Black Monday'
AI in the Crypto Market: How Artificial Intelligence is Changing Trading Strategies
This article explores how AI contributes to these movements and share practical strategies to help you navigate an AI-powered crypto market.
Cross-chain Collaboration: Tom Lee Invests $200 Million, Joins Forces with Global Top Streamer Mr. Beast
Interactive Brokers Integrates USDC, US Bank Questions Stablecoin, What's the Overseas Buzz?
ThunderChain Resumes Legal Battle as Former CEO Chen Lei Accused of Embezzlement for Cryptocurrency Speculation - What Happened Back Then?
Key Market Intelligence for January 15th, how much did you miss out on?
$200K Annual Salary Hiring, Predicting Market Will See Wall Street Players
XRP Price Action: Crypto Bill Could Grant XRP the Same Legal Designation as Bitcoin
Key Takeaways A new legislative draft in the United States might classify XRP alongside Bitcoin (BTC) and Ethereum…
Coinbase CEO Raises Red Flags Regarding US Crypto Bill
Key Takeaways Coinbase CEO Brian Armstrong voices opposition to the proposed Senate crypto bill, citing significant concerns. The…
Ethereum Price Prediction: SharpLink Activates Multi-Billion ETH Strategy – How Soon Might ETH Achieve a New All-Time High?
Key Takeaways SharpLink has strategically deployed $170 million in Ethereum on the Linea network, showcasing a productive use…
Transforming the Cryptocurrency Landscape: A 2026 Outlook
Key Takeaways Cryptocurrency systems have seen expansive growth and technological innovation. The introduction of new regulations has reshaped…
Pi Coin Price Prediction: Mainnet Tokens Just Unlocked – What Does This Mean for Holders?
Key Takeaways Daily token unlocks are increasing the supply of Pi Coin, affecting its short-term price stability. Pi…
New ChatGPT Forecasts for XRP, Ethereum, and Solana by 2026
Key Takeaways ChatGPT predicts a potential bull market for XRP, Ethereum, and Solana by 2026, supported by the…
Why Is Crypto Up Today? – January 14, 2026
Key Takeaways Cryptocurrency market capitalization has risen by 3.6% to $3.33 trillion, with 95 of the top 100…
Crypto’s Decentralization Promise Falters at Interoperability
Interoperability in crypto exposes a decentralization gap, highlighting the reliance on centralized intermediaries. Users’ understanding of technical infrastructure…
Vitalik Advocates for Ethereum’s Simplified Future with ‘Garbage Collection’
Key Takeaways Vitalik Buterin stresses the need for a ‘garbage collection’ process to reduce Ethereum protocol complexity. The…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
Polymarket Exploit Arbitrage, Sonic Airdrop Accidentally Burned by Random Person, What's the Overseas Crypto Community Talking About Today?
Trump Reignites Tariff Storm, Cryptocurrency Market Faces Another 'Black Monday'
AI in the Crypto Market: How Artificial Intelligence is Changing Trading Strategies
This article explores how AI contributes to these movements and share practical strategies to help you navigate an AI-powered crypto market.
App