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Bitmine acquires 40,000 Ethereum for $72M from FalconX and Kraken

Covered by 3 sources · 3 articles

3 outlets - including Cryptopress, Cryptoadventure and Cryptobriefing - are covering this story. Tom Lee’s BitMine added another 40,000 ETH from Kraken and FalconX, extending one of the fastest Ethereum treasury accumulation strategies among public-market crypto companies. The purchase was valued at about $71.6 million, putting the imp…

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Cryptopress Jul 8, 06:31 UTC

Tom Lee’s BitMine Adds 40,000 ETH From Kraken And FalconX

Tom Lee’s BitMine added another 40,000 ETH from Kraken and FalconX, extending one of the fastest Ethereum treasury accumulation strategies among public-market crypto companies. The purchase was valued at about $71.6 million, putting the imp…

Tom Lee’s BitMine Adds 40,000 ETH From Kraken And FalconX
Crypto Adventure Jul 8, 04:23 UTC

Tom Lee’s BitMine Adds 40,000 ETH From Kraken And FalconX

Tom Lee’s BitMine added another 40,000 ETH from Kraken and FalconX, extending one of the fastest Ethereum treasury accumulation strategies among public-market crypto companies. The purchase was valued at about $71.6 million, putting the imp…

Bitmine acquires 40,000 Ethereum for $72M from FalconX and Kraken
Crypto Briefing Jul 8, 02:44 UTC

Bitmine acquires 40,000 Ethereum for $72M from FalconX and Kraken

Bitmine's aggressive ETH acquisition and staking strategy could tighten Ethereum's circulating supply, potentially impacting market dynamics.