Bitmine Adds 27,562 ETH as Total Holdings Reach 5.98 Million
Bitmine ETH holdings reach 5.98 million as the company nears its 5% Ethereum supply target.
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Bitmine ETH holdings reach 5.98 million as the company nears its 5% Ethereum supply target.
Bitmine chairman Tom Lee has said a crypto bull market is underway and could strengthen in the fourth quarter as the Ethereum treasury company added another 27,562 ETH worth roughly $75 million.
Cryptocurrency prediction markets are signaling a bullish XRP outlook for October 1, 2026, with traders expecting the token to hold near current levels but still below the $2 mark.
Strategy has resumed Bitcoin purchases after a two week pause, spending $75.7 million on 950 BTC while deploying another $174 million to repurchase its STRC preferred stock. According to a Form 8-K filing with the U.S.
Strive Inc. bought another 1,355 bitcoin for roughly $107.7 million last week, yet somehow finished the same stretch with more cash than it started with. The Nasdaq-listed bitcoin treasury firm lifted its holdings to 26,355 BTC, now worth roughly $2.1 billion to $2.2 billion at Monday morning prices. The trick is increasingly familiar.
Hayes stated that regulation was never the catalyst for the rally and that the Fed's rate hike is the real driver of the market. Bitcoin surpassed $84,000, posting a weekly gain of more than 8% following the failure of the CLARITY Act in the Senate and the Fed's rate hike.
XRP leads the pack on Monday carving out the path to $2 if this resistance bubble turns into support.
Bitcoin bulls are celebrating today as the world's most popular crypto moves higher. Currently, $BTC is up by over 5%, topping $85,000 for the first time since last January.
Bitcoin opens a new week above 80,000 dollars after briefly plunging towards 75,000 dollars during the Federal Reserve's decision. The economic calendar seems lighter, but three appointments stand out: a series of interventions from Fed officials, the first US PMIs for September on Wednesday, and the meeting between Donald Trump and Xi Jinping on Thursday.
Strategy Inc. buys $75.7 million in Bitcoin, signaling confidence. STRC hitting $100 by December 31 at 83% YES.
Strategy resumed its bitcoin purchases after three weeks, acquiring 950 BTC for $75.7M at an average price of $79,670 per unit. The operation was funded with the company's USD cash reserve, which currently holds a balance of $5.04 billion. The firm now holds 846,000 BTC purchased at a total cost of $63.
The largest Ethereum-centric treasury firm kept buying, while its chairman argued ETH's strong third quarter could push institutions to increase crypto exposure.
Evernorth agreed to issue $30 million in convertible senior PIK notes, but the financing only closes if its SPAC merger with Armada Acquisition Corp. II succeeds. The proceeds may fund XRP purchases and other ecosystem activities, although the money is not available and remains subject to the transaction closing.
The rise of options in Bitcoin derivatives signals a maturing market, aligning crypto trading with traditional financial markets and enhancing strategy complexity. Options now comprise nearly half of Bitcoin's derivatives market, signaling a structural shift.
Bitmine's total investments currently stand at $17.1 billion, and the company owns over 4.9% of Ethereum's circulating supply.