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Peter Thiel Reveals 9.1% Stake in Tom Lee's ETH-Focused Bitmine Immersion Technologies
An SEC disclosure revealed funds associated with prominent tech investor Peter Thiel had acquired a 9.1% stake in Bitmine Immersion Technologies. Bitmine, helmed by Fundstrat's Thomas Lee, has acquired over 163,000 ETH, valued at more than $500 million.
BitMine Bet by PayPal’s Peter Thiel Ignites Ethereum Shift Amid Bullish Price Momentum
According to an SEC filing, Peter Thiel, co-founder of PayPal and prominent Silicon Valley investor, indirectly holds a total of 5,094,000 shares of common stock in Bitmine Immersion Technologies, Inc. through multiple affiliated entities, representing 9.1% of the outstanding…
BitMine now holds over 300,000 ETH, including options, as part of an aggressive strategy to secure 5% of the token's supply.
Bitmine Immersion Technologies; $250M Ethereum pivot amidst crypto surges raises valuation concerns. Read here for more ...
Cryptopolitan on MSN1d
ETH as treasury: how do companies benefit from copying the BTC playbook?However, a longer list of ETH owners may join the treasury trend by rebranding their reserves. As in the case of BTC, whales ...
BitMine Immersion Technologies Inc (AMEX:BMNR) shares are ripping higher in Tuesday’s after-hours session after billionaire ...
InvestorsHub on MSN2d
Bitmine Stock Rises as Ethereum Holdings Surpass $1 BillionShares of Bitmine Immersion Technologies Inc. (AMEX:BMNR) climbed 7.5% after the company disclosed that its Ethereum (ETH) holdings have exceeded $1 billion in value. As of July 17 at 3:45 a.m. ET, ...
Shares rose over 40% after revealing the large ETH holdings, following a 50% drop after a $2 billion at-the-market offering.
BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher Wednesday after a Schedule 13G filing revealed ...
The company may sell up to $2 billion in stock through Cantor Fitzgerald and ThinkEquity in flexible at-the-market deals, ...
Cryptopolitan on MSN15d
Bitmine rallies to four-year peak, will it boost ETH pricesEthereum treasury companies are coming to the forefront. Bitmine, which sank as low as $1, had a 3,000% rally in the past week after announcing its ETH treasury plans.
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