Bitmine has purchased another 52,203 ETH worth about $90 million, bringing its holdings to 4.7% of Ethereum’s total supply. According to a company update released on Monday, Bitmine’s latest purchase increases its exposure to Ethereum despite continued weakness in the…
Bitmine Immersion Technologies announced that its board of directors approved a cash dividend of $0.1056 per share for holders of its 9.50% Series A Perpetual Preferred Stock, traded on the New York Stock Exchange under the ticker BMNP. The company…
Bitmine has strengthened expectations for a potential stock rally after Chairman Tom Lee highlighted the company’s chances of joining the Russell 1000 index ahead of the benchmark’s latest reconstitution update. According to Tom Lee, the updated list of companies entering…