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Tom Lee's BitMine Buys $1.1 Billion in Ethereum and Sells Stock, Shares Fall 10%
Yahoo Finance· 2025-09-22 16:25
Nasdaq-listed Bitcoin miner BitMine Immersion bought more Ethereum last week, bringing its total holdings to 2.42 million ETH after its biggest buy so far in September. But its stock price is down on the day, following both the ETH purchase announcement and a new share sale. The firm, which pivoted in May from Bitcoin mining to raising money to buy ETH, now holds over $10 billion in the second-largest digital coin by market cap—or 2% of the total supply. BitMine holds the largest Ethereum treasury of any pu ...
Crypto Market Today: WLD, MYX Surge as Gold Hits Inflation-Adjusted Record High
Yahoo Finance· 2025-09-09 12:00
Smaller tokens are having a blast as major cryptocurrencies, including bitcoin (BTC), ether (ETH), and XRP (XRP), continue their recovery from their declines late on Friday. Stand out coins are the Sam Altman-founded Worldcoin (WLD), which risen 122% in the past 24 hours. The other is the decentralized exchange MYX Finance's MYX token, which has surged 270% in a single day. The DeFi sub-sector, in general, is better bid as search for yield in advance of expected Fed interest-rate cuts. In traditional mar ...