Bitmine buys 60,999 ether as Tom Lee touts crypto strength amid Iran war
The ether treasury firm now holds nearly 4.6 million ETH, while maintaining a $1.2 billion cash position despite ramping up acquisitions.
Bitcoin Price Roars Above $74,000 as Market Sentiment Improves
Bitcoin Magazine Bitcoin Price Roars Above $74,000 as Market Sentiment Improves The price of Bitcoin pushed above $74,000 early Monday, as easing geopolitical tensions and improving risk sentiment helped lift the broader crypto market. The move capped one of bitcoin’s strongest weekly performances since the outbreak of the Iran–Israel War in late February. The rally […]
Tom Lee Calls the Bottom: Why Bitmine Just Bought Another 61,000 ETH
The Tom Lee-chaired former Bitcoin mining giant has announced the acquisition of almost 61,000 ETH in the past week, which has pushed its total stash to nearly 4.6 million tokens. In addition, BitMine said it increased its investment in existing ‘moonshot’ exposures such as Eightco by an additional $80 million to support the latter’s $50 […]
Metaplanet Raises $255 Million, Eyes $531 Million Bitcoin Buying Spree
Bitcoin Magazine Metaplanet Raises $255 Million, Eyes $531 Million Bitcoin Buying Spree Tokyo-listed investment firm Metaplanet has secured approximately $255 million from global institutional investors as it accelerates a corporate strategy centered on accumulating Bitcoin, with additional warrants that could lift total funding to roughly $531 million. The capital was raised through a placement of […]
U.S., UK, Canada start Operation Atlantic to disrupt crypto approval-phishing scams
International law enforcement effort targets approval-phishing schemes tied to crypto investment fraud.
Metaplanet raises $255M and adds warrant structure for Bitcoin buys
Metaplanet raised $255 million and launched new warrants to fund more Bitcoin purchases as it pushes toward a 210,000 BTC treasury target.
Bitcoin OG Erik Voorhees Buys Over 23,000 ETH as Ethereum Hits 6-Week High
Ethereum extended its recovery wave and surged over 8% in the last 24 hours to climb to almost $2,300 on Monday. At the same time, blockchain data indicates fresh Ether purchases by a well-known early Bitcoin supporter. Whales, Builders, and ETFs Pile Into ETH According to blockchain analytics platform Lookonchain, early Bitcoin supporter and founder […]
Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC
Strategy bought 22,337 Bitcoin for $1.57 billion last week, lifting total holdings to 761,068 BTC as it funds purchases through record sales of its STRC preferred stock.
Bitcoin Is Entering the Best Buy Zone of This Cycle, Analyst Explains His Bullish Declaration
The crypto market seems to be heading into a strong recovery phase as the price of Bitcoin (BTC) recovers to prices over the $73,000 price range. At the same time, the price of Ethereum (ETH) also recovers prices over $2,200. Amidst this sudden rise in prices and sentiments, one popular crypto analyst says that Bitcoin […]
Strategy (MSTR) Spends $1.57 Billion to Buy 22,337 More Bitcoin, Holdings Reach 738,731 BTC
Bitcoin Magazine Strategy (MSTR) Spends $1.57 Billion to Buy 22,337 More Bitcoin, Holdings Reach 738,731 BTC Strategy, the bitcoin treasury company led by executive chairman Michael Saylor, purchased another 22,337 bitcoin for about $1.57 billion last week, continuing one of the largest corporate accumulation strategies in the crypto market. The company disclosed in a filing […]
Metaplanet raises $255 million to accelerate bitcoin accumulation
The Japanese bitcoin treasury firm structured the financing with premium-priced shares and warrants that could unlock up to $531 million.
Michael Saylor’s Strategy made another huge buy of bitcoin, adding $1.57 billion worth last week
The company’s stack now stands at 761,068 bitcoin, acquired for $57.61 billion.