#bitmine

Articles tagged «bitmine».

Money • 2026-06-04 17:05

BitMine seeks $300 million raise to accelerate Ethereum accumulation

Coinpedia reports that Tom Lee-backed BitMine has filed plans for a significant capital raise through preferred shares. This move is part of a broader strategy by the company to double down on its commitment to Ethereum and accelerate its…...

Money • 2026-06-04 15:52

Bitmine faces nearly $9 billion loss as Ethereum drops below $1,800

Bitmine Immersion Technologies (BMNR) is grappling with substantial unrealized losses as Ether (ETH) revisits lower price levels. The company's massive treasury holdings are currently valued at approximately $10 billion, but market depreciation has…...