1 month ago
ARK Invest sold over 142,000 CRCL shares Monday across ARKK and ARKW, pushing Circle Internet down 8% despite a 25% monthly gain.
COIN and BMNR each slid 5% as the Senate's Clarity Act vote threatens to open stablecoin markets to better-funded bank competitors.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Circle Internet Group didn't make the cut. Enter your email to see the names that beat CRCL. The report is free. Enter your email and see if any of your stocks made the cut.
Circle Internet Group (NYSE:CRCL) stock is falling on Tuesday after ARK Invest trimmed its position ahead of a U.S. Senate procedural vote on the Digital ******* et Market Clarity Act. Circle Internet stock is down 8% to $89.56 in midday trading. The move stands out among crypto-linked equities because the same manager cut several crypto positions but concentrated the sale in Circle Internet.
Coinbase Global (NASDAQ:COIN) shares are down 5% to $181.06. Also lower, Bitmine Immersion Technologies (NYSEAMERICAN:BMNR) stock is sliding 5% to $24.38. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.5% to $757.09, so the selling is concentrated in crypto-linked names.
#crcl #coin
COIN and BMNR each slid 5% as the Senate's Clarity Act vote threatens to open stablecoin markets to better-funded bank competitors.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Circle Internet Group didn't make the cut. Enter your email to see the names that beat CRCL. The report is free. Enter your email and see if any of your stocks made the cut.
Circle Internet Group (NYSE:CRCL) stock is falling on Tuesday after ARK Invest trimmed its position ahead of a U.S. Senate procedural vote on the Digital ******* et Market Clarity Act. Circle Internet stock is down 8% to $89.56 in midday trading. The move stands out among crypto-linked equities because the same manager cut several crypto positions but concentrated the sale in Circle Internet.
Coinbase Global (NASDAQ:COIN) shares are down 5% to $181.06. Also lower, Bitmine Immersion Technologies (NYSEAMERICAN:BMNR) stock is sliding 5% to $24.38. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.5% to $757.09, so the selling is concentrated in crypto-linked names.
#crcl #coin
1 month ago
Investor Cathie Wood has sold a number of cryptocurrency stocks over the past week as their share prices have rallied.
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
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#cathie
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
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#cathie
1 month ago
Investor Cathie Wood has sold a number of cryptocurrency stocks over the past week as their share prices have rallied.
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
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#NYSE #million
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
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#NYSE #million
1 month ago
Bitmine Immersion Technologies (NYSE: $BMNR) bought another 27,180 Ethereum (CRYPTO:
$ETH) over the past week.
The latest purchase put the serial crypto acquirer closer to its goal of owning 5% of Ethereum's circulating supply.
Bitmine spent $68 million U.S. acquiring Ethereum over the last week, buying the digital ****** et at an average price of just over $2,500 U.S.
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#bitmine #technologies #bmnr
$ETH) over the past week.
The latest purchase put the serial crypto acquirer closer to its goal of owning 5% of Ethereum's circulating supply.
Bitmine spent $68 million U.S. acquiring Ethereum over the last week, buying the digital ****** et at an average price of just over $2,500 U.S.
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#bitmine #technologies #bmnr
2 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) added another 28,086 Ether (CRYPTO: $ETH) to its holdings last week, bringing the company closer to its goal of controlling 5% of Ethereum's total supply.
The purchase, worth about $69.4 million at Tuesday's price of roughly $2,472 per ETH, lifted Bitmine's holdings to 5.93 million ETH, the company announced Tuesday. That represents about 4.9% of Ethereum's 122 million circulating supply, leaving the company around 171,000 ETH short of its target.
Bitmine has purchased Ether every week since launching its Ethereum treasury strategy in June 2025. The latest acquisition was smaller than the 53,501 ETH bought the previous week. Still, maintaining this pace would put the company within reach of its 5% goal in less than two months.
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#company #week #technologies
The purchase, worth about $69.4 million at Tuesday's price of roughly $2,472 per ETH, lifted Bitmine's holdings to 5.93 million ETH, the company announced Tuesday. That represents about 4.9% of Ethereum's 122 million circulating supply, leaving the company around 171,000 ETH short of its target.
Bitmine has purchased Ether every week since launching its Ethereum treasury strategy in June 2025. The latest acquisition was smaller than the 53,501 ETH bought the previous week. Still, maintaining this pace would put the company within reach of its 5% goal in less than two months.
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#company #week #technologies
2 months ago
Cathie Wood's investment firm ARK Invest bought 28,589 shares of Robinhood Markets (Nasdaq: HOOD) worth approximately $3.6 million on Sep. 4.
A veteran investor, Wood is a prolific trader of crypto-linked equities such as Circle Internet Group (NYSE: CRCL), Bullish (NYSE: BLSH), Block Inc. (NYSE: XYZ), Bitmine Immersion Technologies (NYSE: BMNR), etc.
Wood bought Robinhood shares as the company got involved in a controversy with the entertainment giant, AMC Entertainment Holdings (NYSE: AMC).
Related: Man turns Robinhood-AMC feud into $2 million gain in 12 hours
Robinhood is an e-brokerage platform popular among young retail traders for its equity, crypto, and stock token offerings.
#robinhood
A veteran investor, Wood is a prolific trader of crypto-linked equities such as Circle Internet Group (NYSE: CRCL), Bullish (NYSE: BLSH), Block Inc. (NYSE: XYZ), Bitmine Immersion Technologies (NYSE: BMNR), etc.
Wood bought Robinhood shares as the company got involved in a controversy with the entertainment giant, AMC Entertainment Holdings (NYSE: AMC).
Related: Man turns Robinhood-AMC feud into $2 million gain in 12 hours
Robinhood is an e-brokerage platform popular among young retail traders for its equity, crypto, and stock token offerings.
#robinhood
2 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) accelerated its Ethereum (CRYPTO: $ETH) purchases during the final week of August.
The serial cryptocurrency acquirer led by Chairman Tom Lee bought 53,501 Ethereum over the past week at a cost of $131.3 million U.S.
It was Bitmine's largest weekly purchase of Ethereum since June of this year. The company now owns 5,901,112 ETH valued at $14.50 billion U.S. based on the crypto's current price.
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#bmnr #Crypto
The serial cryptocurrency acquirer led by Chairman Tom Lee bought 53,501 Ethereum over the past week at a cost of $131.3 million U.S.
It was Bitmine's largest weekly purchase of Ethereum since June of this year. The company now owns 5,901,112 ETH valued at $14.50 billion U.S. based on the crypto's current price.
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Goldman Sachs Reiterates Buy Ratings On Coinbase And Robinhood
#bmnr #Crypto
2 months ago
Bitmine Immersion Technologies (NYSE: BMNR) is a digital ***** et treasury (DAT) company led by chairman Tom Lee, and it's been buying Ethereum (CRYPTO: ETH) weekly for 14 months. On Aug. 17 alone, it bought 9,926 ETH worth around $19 million, only to buy another 32,447 ETH just six days later. The coin's price is up by 28% in the 30 days ending on Aug. 27 alone, a stunning reversal after months of weakness.
But does any of this mean investors should load up on Ethereum like Tom Lee is?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As a digital ***** et treasurer, Bitmine is designed to buy and hold as much of one crypto ***** et as it can get its hands on. In this case, that ***** et is Ethereum.
The business model is to issue new shares of its stock, use that capital to buy more coins, and then rinse and repeat. As long as the stock trades above the value of the coins backing each share -- which is a very big and not at all safe ***** umption to make -- each new share sold buys more Ethereum than it dilutes, so that the cycle can continue.
#NVIDIA #flashing #digital #company
But does any of this mean investors should load up on Ethereum like Tom Lee is?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As a digital ***** et treasurer, Bitmine is designed to buy and hold as much of one crypto ***** et as it can get its hands on. In this case, that ***** et is Ethereum.
The business model is to issue new shares of its stock, use that capital to buy more coins, and then rinse and repeat. As long as the stock trades above the value of the coins backing each share -- which is a very big and not at all safe ***** umption to make -- each new share sold buys more Ethereum than it dilutes, so that the cycle can continue.
#NVIDIA #flashing #digital #company
2 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) increased its purchase of Ethereum (CRYPTO: $ETH) over the past week even as the cryptocurrency's price rallied 34%.
The largest Ethereum treasury company made its biggest purchase of Ethereum since early July over the last week, acquiring an additional 32,447 ETH at a cost of $81 million U.S.
Bitmine now owns 5,847,611 Ethereum tokens valued at $14.6 billion U.S. based on the current price of $2,505 U.S.
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#week #immersion #technologies
The largest Ethereum treasury company made its biggest purchase of Ethereum since early July over the last week, acquiring an additional 32,447 ETH at a cost of $81 million U.S.
Bitmine now owns 5,847,611 Ethereum tokens valued at $14.6 billion U.S. based on the current price of $2,505 U.S.
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#week #immersion #technologies
3 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) bought more Ethereum (CRYPTO: $ETH) over the past week and continued to increase the amount of ETH it has staked.
The serial cryptocurrency acquirer led by Chairman Tom Lee purchased 7,391 Ethereum over the past week.
The company now owns 4.8% of Ethereum's circulating supply and is 96% of the way towards reaching its goal of holding 5% of the available ETH supply.
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#ethereum #supply #bmnr
The serial cryptocurrency acquirer led by Chairman Tom Lee purchased 7,391 Ethereum over the past week.
The company now owns 4.8% of Ethereum's circulating supply and is 96% of the way towards reaching its goal of holding 5% of the available ETH supply.
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#ethereum #supply #bmnr
3 months ago
Ethereum (CRYPTO: ETH) may be down more than 60% from its all-time high from last summer, but that's not stopping forward-looking crypto investors from speculating on what might happen during the next bull market cycle.
Tom Lee, co-founder of Wall Street research firm Fundstrat and chairman of Bitmine Immersion Technologies (NYSE: BMNR), has emerged as one of the loudest voices predicting massive gains in the price of Ethereum. In fact, he thinks Ethereum could eventually hit a price of $250,000. Given its current price of just $2,000, that would represent a stunning 125x return on investment.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The good news, if you're thinking about investing in Ethereum, is that there have been some recent signs of life. In July, for example, Ethereum outperformed both the Nasdaq-100 and Bitcoin (CRYPTO: BTC). And it did so handily. Ethereum beat tech stocks by 25 percentage points, and Bitcoin by 11 percentage points. That's something Lee has been quick to point out, suggesting it could be foreshadowing a massive bull market rally for Ethereum.
But just keep in mind: This could also be a dead cat bounce. After all, Ethereum is still down nearly 40% for the year. And recent shakeups at the Ethereum Foundation suggest that there's enormous internal dissension about where the cryptocurrency is headed next.
#ethereum #price #next
Tom Lee, co-founder of Wall Street research firm Fundstrat and chairman of Bitmine Immersion Technologies (NYSE: BMNR), has emerged as one of the loudest voices predicting massive gains in the price of Ethereum. In fact, he thinks Ethereum could eventually hit a price of $250,000. Given its current price of just $2,000, that would represent a stunning 125x return on investment.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The good news, if you're thinking about investing in Ethereum, is that there have been some recent signs of life. In July, for example, Ethereum outperformed both the Nasdaq-100 and Bitcoin (CRYPTO: BTC). And it did so handily. Ethereum beat tech stocks by 25 percentage points, and Bitcoin by 11 percentage points. That's something Lee has been quick to point out, suggesting it could be foreshadowing a massive bull market rally for Ethereum.
But just keep in mind: This could also be a dead cat bounce. After all, Ethereum is still down nearly 40% for the year. And recent shakeups at the Ethereum Foundation suggest that there's enormous internal dissension about where the cryptocurrency is headed next.
#ethereum #price #next
3 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) has accelerated its stock buybacks even as it continues making weekly purchases of Ethereum (CRYPTO: $ETH).
The company led by Chairman Tom Lee has increased its $4 billion U.S. share repurchase program, buying back 4.5 million BMNR shares over the past week.
Bitmine has now repurchased more than 15 million of its own shares since July 1, which it says is the largest common stock buyback completed by any cryptocurrency treasury company.
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#shares
The company led by Chairman Tom Lee has increased its $4 billion U.S. share repurchase program, buying back 4.5 million BMNR shares over the past week.
Bitmine has now repurchased more than 15 million of its own shares since July 1, which it says is the largest common stock buyback completed by any cryptocurrency treasury company.
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#shares
3 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) slowed its purchases of Ethereum (CRYPTO: $ETH) over the past week as it moved to buyback its own stock.
The company led by Chairman Tom Lee bought 7,430 Ethereum over the last week, slowing its buying as it redirected capital to share repurchases.
The latest ETH purchase, worth $14 million U.S., lifted BitMine's holdings to 5.78 million Ethereum, or roughly 4.8% of the cryptocurrency's total circulating supply.
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#NYSE
The company led by Chairman Tom Lee bought 7,430 Ethereum over the last week, slowing its buying as it redirected capital to share repurchases.
The latest ETH purchase, worth $14 million U.S., lifted BitMine's holdings to 5.78 million Ethereum, or roughly 4.8% of the cryptocurrency's total circulating supply.
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#NYSE
3 months ago
Crypto treasury firm Bitmine Immersion Technologies (NYSE: $BMNR) says that Ethereum (CRYPTO: $ETH) staking generated 98% of its revenue in its latest quarter.
The company, led by Chairman Tom Lee, said Ethereum staking became its dominant source of revenue during the fiscal quarter ended May 31, generating $45.7 million U.S.
Bitmine reported $46.5 million U.S. in total revenue for the quarter, up from $2.05 million U.S. a year earlier.
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The company, led by Chairman Tom Lee, said Ethereum staking became its dominant source of revenue during the fiscal quarter ended May 31, generating $45.7 million U.S.
Bitmine reported $46.5 million U.S. in total revenue for the quarter, up from $2.05 million U.S. a year earlier.
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3 months ago
Bitmine Immersion climbed by 11.50 percent on Tuesday to finish at $16.29 apiece after expanding its Ethereum treasury to $10.5 billion, solidifying its stance as the largest holder of the said token in the world.
In a statement on the same day, Bitmine Immersion Technologies Inc. (NYSE:BMNR) said that it boosted its Ethereum holdings to 5.77 million units following the acquisition of 27,801 Ethereum tokens last week.
Ultimately, the acquisition further advances its strategy of positioning itself as a publicly traded vehicle for investors seeking exposure to Ethereum.
Bitmine Immersion Technologies Inc. (NYSE:BMNR) also pointed to the growing adoption of ETH as having boosted its confidence and ownership of the latter following the launch of Robinhood Chain—a Layer 2 network built on Arbitrum that focuses on tokenized real-world ******* ets.
"One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum. Already, dollar volumes have exceeded $1 billion, and Robinhood Chain now has more trading volume than any other decentralized exchange (DEX), demonstrating the outstanding utility and product market fit for Ethereum, which is the underlying chain," said Bitmine Immersion Technologies Inc. (NYSE:BMNR) Chairman Thomas Lee.
In a statement on the same day, Bitmine Immersion Technologies Inc. (NYSE:BMNR) said that it boosted its Ethereum holdings to 5.77 million units following the acquisition of 27,801 Ethereum tokens last week.
Ultimately, the acquisition further advances its strategy of positioning itself as a publicly traded vehicle for investors seeking exposure to Ethereum.
Bitmine Immersion Technologies Inc. (NYSE:BMNR) also pointed to the growing adoption of ETH as having boosted its confidence and ownership of the latter following the launch of Robinhood Chain—a Layer 2 network built on Arbitrum that focuses on tokenized real-world ******* ets.
"One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum. Already, dollar volumes have exceeded $1 billion, and Robinhood Chain now has more trading volume than any other decentralized exchange (DEX), demonstrating the outstanding utility and product market fit for Ethereum, which is the underlying chain," said Bitmine Immersion Technologies Inc. (NYSE:BMNR) Chairman Thomas Lee.
4 months ago
Bitmine Immersion Technologies Inc. (NYSE:BMNR) is one of the 8 Hidden Multibagger Stocks to Buy Now. On June 19, Bitmine Immersion Technologies Inc. (NYSE:BMNR) announced that it has declared a cash dividend of $0.1056 per share for holders of its 9.5% Series A Preferred Stock. The dividend will be paid in cash on July 10, 2026, to shareholders. This announcement reflects the company's commitment to returning capital to its preferred shareholders. BMNR is expanding bitcoin mining into Ethereum treasury operations and staking infrastructure. Moreover, with the volatility and regulatory uncertainty surrounding digital ****** et markets, the company believes it is stable and can manage risk well.
Earlier on June 15, BMNR announced that its combined crypto holdings, cash, marketable securities, and moonshot ****** ets reached $10.4 billion. As the company is shifting towards the Ethereum treasury, it now holds 5.62 million Ethereum worth approximately $9.7 billion. According to Chairman Tom Lee, Bitmine is now 93% of the way toward its goal of acquiring 5% of all Ethereum. He noted that AI systems that operate independently are creating more demand for neutral public blockchains like ETH.
Thomas Lee, Chairman of Bitmine, commented:
"The best years for crypto remain ahead, in our view. Tokenization and the rapid progress in AI are expected to drive exponential demand growth for blockchain and decentralized crypto."
Bitmine Immersion Technologies Inc. (NYSE:BMNR) operates as a blockchain technology company. The company engages in ETH treasury operations. It also offers digital ****** et ecosystem services, including consulting/advisory and disciplined digital ****** et treasury management. The company was incorporated in 2019 and is based in Las Vegas, Nevada.
Earlier on June 15, BMNR announced that its combined crypto holdings, cash, marketable securities, and moonshot ****** ets reached $10.4 billion. As the company is shifting towards the Ethereum treasury, it now holds 5.62 million Ethereum worth approximately $9.7 billion. According to Chairman Tom Lee, Bitmine is now 93% of the way toward its goal of acquiring 5% of all Ethereum. He noted that AI systems that operate independently are creating more demand for neutral public blockchains like ETH.
Thomas Lee, Chairman of Bitmine, commented:
"The best years for crypto remain ahead, in our view. Tokenization and the rapid progress in AI are expected to drive exponential demand growth for blockchain and decentralized crypto."
Bitmine Immersion Technologies Inc. (NYSE:BMNR) operates as a blockchain technology company. The company engages in ETH treasury operations. It also offers digital ****** et ecosystem services, including consulting/advisory and disciplined digital ****** et treasury management. The company was incorporated in 2019 and is based in Las Vegas, Nevada.
4 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) bought another 27,084 of Ethereum (CRYPTO: $ETH) over the past week as its price neared a low for the year.
In all, Bitmine spent $43 million U.S. buying Ethereum in recent days as the price steadily fell. ETH hit a low for the year of $1,564.86 U.S. on June 26.
The latest purchases have brought Bitmine's holdings to 5.7 million Ethereum worth $8.9 billion U.S., according to the company.
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In all, Bitmine spent $43 million U.S. buying Ethereum in recent days as the price steadily fell. ETH hit a low for the year of $1,564.86 U.S. on June 26.
The latest purchases have brought Bitmine's holdings to 5.7 million Ethereum worth $8.9 billion U.S., according to the company.
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12 months ago
Tom Lee — executive chairman of BitMine Immersion Technologies (BMNR), head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital — said in a post on X that ether is “embarking on that same supercycle” that produced a 100x gain in bitcoin since his 2017 client recommendation.
He noted bitcoin endured six drawdowns greater than 50% and three greater than 75% over the past 8.5 years, arguing crypto’s volatility reflects markets “discounting a massive future” and that investors had to hold through “existential moments.”
The call drew pushback, however.
A pr
He noted bitcoin endured six drawdowns greater than 50% and three greater than 75% over the past 8.5 years, arguing crypto’s volatility reflects markets “discounting a massive future” and that investors had to hold through “existential moments.”
The call drew pushback, however.
A pr