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News with the tag "Thomas Lee"

CoinDesk: Tom Lee's BitMine Immersion Aims to Raise as Much as $20B for More ETH Buys

13:20 12-08-2025

BitMine Immersion Technology aims to raise up to $20 billion to expand its ETH holdings, having already accumulated nearly $5 billion worth of ETH as part of its treasury strategy.

CoinDesk: Tom Lee Sees Ether Hitting $15K, With Ethereum Emerging as Wall Street's Favored Blockchain

18:48 21-07-2025

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CoinDesk: Peter Thiel Reveals 9.1% Stake in Tom Lee's ETH-Focused Bitmine Immersion Technologies

15:55 16-07-2025

Peter Thiel has acquired a 9.1% stake in Bitmine Immersion Technologies (BMNR), a firm focused on ether treasury strategies, leading to a 25% surge in BMNR shares and increased interest in ETH corporate treasury strategies.

CoinDesk: Bitmine Immersion Stock Sheds Another 20% After $2B ATM Offering

15:42 10-07-2025

Bitmine Immersion Technologies' stock dropped 20% following the announcement of a potential $2 billion stock offering, continuing a significant decline after a previous surge.

CoinDesk: Tom Lee's Bitmine Surges 3,000% Since ETH Treasury Strategy, but Sharplink's Plunge Warrants Caution

18:10 03-07-2025

Bitmine Immersion's shares surged over 3,000% after announcing a $250 million fundraising to acquire ETH, mirroring the volatile trading pattern of Sharplink Gaming, which saw a 4,000% rise followed by a 90% drop.