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Buys

Bitmine (BMNR) buys $14 million in ETH as Tom Lee expects tailwind for crypto

Bitmine (BMNR) buys $14 million in ETH as Tom Lee expects tailwind for crypto

24 hours ago by Crypto InsightsCrypto

Bitmine Immersion (BMNR), the largest Ethereum treasury firm, bought another 7,391 ether ETH$1,895.42 last week. The purchase, worth roughly $14.2 million at ether’s price as of writing of $1,915, lifted the company’s holdings to over 5.8 million ETH, or about 4.8% of Ethereum’s total supply.… Read More

Metaplanet (3350) buys another $170 million of bitcoin expanding treasury to 43,000 BTC

Metaplanet (3350) buys another $170 million of bitcoin expanding treasury to 43,000 BTC

1 month ago by Crypto InsightsCrypto

Metaplanet (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion). The acquisition cements the Tokyo listed firm as the third largest publicly traded company holding bitcoin, trailing only Strategy MSTR) and Twenty One Capital… Read More

Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation

Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation

3 months ago by Crypto InsightsCrypto

Bitmine Immersion Technologies (BMNR) has sharply slowed its ether (ETH) purchase pace as Chairman Tom Lee signaled, following months of aggressive buying that made it the world’s largest Ethereum treasury company. The firm bought 26,659 ether last week, worth about $63 million based on ether’s… Read More

Strategy pauses bitcoin (BTC) buys before Tuesday earnings

Strategy pauses bitcoin (BTC) buys before Tuesday earnings

3 months ago by Crypto InsightsCrypto

Strategy is taking a breather from buying bitcoin. Michael Saylor said Sunday the company would not add to its bitcoin holdings this week, pausing its regular purchase program ahead of Tuesday’s first-quarter earnings release. “No buys this week. Back to work next week,” Saylor wrote… Read More

Bitmine’s (BMNR) ETH buys are catching Strategy’s bitcoin (BTC) accumulation pace

Bitmine’s (BMNR) ETH buys are catching Strategy’s bitcoin (BTC) accumulation pace

4 months ago by Crypto InsightsCrypto

A second corporate accumulator of cryptocurrency is starting to look a lot like the first. Bitmine Immersion Technologies (BMNR), the treasury firm chaired by Fundstrat’s Tom Lee, bought 101,901 ether (ETH) worth roughly $234 million last week. That’s close to the regular weekly purchases from… Read More

Parity Act would exempt small crypto buys and apply wash sale rules

Parity Act would exempt small crypto buys and apply wash sale rules

8 months ago by Crypto InsightsCrypto

A bipartisan duo in the U.S. House of Representatives is circulating a draft bill that would streamline tax rules for investors, traders and developers by explaining how they would handle reporting their taxes on staking, low value transactions and wash sales. Representatives Max Miller of… Read More

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