Bitmine Plans To Invest Over $2 Billion In Ethereum with Stock Sale

2025-7-24 19:55

Bitmine is planning to substantially expand its Ethereum holdings, taking a treasury of $2 billion to $4.5 billion with a major stock sale. The firm conducted a sales agreement with Cantor Fitzgerald to help enable this move.

Many companies are making huge ETH investments at the moment, generating record inflows and surging prices. A new all-time high for Ethereum is distinctly plausible, which seems encouraging for the mining firm.

Bitmine Bets Big on Ethereum

Bitmine was initially a Bitcoin mining firm, but this industry has become less profitable in recent months. Earlier this July, the company announced a bold $250 million Ethereum investment, joining a broad trend of institutional ETH purchases.

Today, Bitmine submitted a filing to offer substantially more company shares to buy even more Ethereum:

Bitmine updated ETH holdings:

– 566,776 tokens
– value exceeds $2 billion
– as of 11:59pm ET July 23, 2025

Ticker: $BMNR
Chairman: Tom Lee @fundstrat
follow us at @BitMNR https://t.co/ZCGQhlrVy0

— Bitmine BMNR (@BitMNR) July 24, 2025

Bitmine currently owns $2 billion in Ethereum, but the company is planning to push this to $4.5 billion. It’s doing this through a sales agreement with ThinkEquity and Cantor Fitzgerald, a prominent Trump-aligned firm that has heavily invested in corporate crypto treasuries.

The company may be making a gamble, but institutional ETH investment is on the rise. This could help reduce the risks from major Ethereum stockpiling.

Since Bitmine first announced its new Ethereum policy, Peter Thiel’s fund bought a substantial stake in the firm, and Ark Invest channeled $175 million into it earlier this week. So far, today’s announcement has been bullish:

Bitmine Price Performance. Source: Google Finance

To be clear, this isn’t the only bullish sign. Bitmine evidently picked a good time to back Ethereum, as its weekly inflows are at an all-time high. Waves of corporate investment have buoyed the asset’s price, and a rally to a new all-time high might be possible.

Investors have raised fears of a bubble from corporate Bitcoin acquisitions, but ETH is a less saturated market. Compared to BTC, Bitmine may have more of a chance to directly influence Ethereum.

Bitwise predicts $20 billion in institutional ETH investment over the next year, and Bitmine would represent over one-fifth of this. That factor may enable real protection.

The post Bitmine Plans To Invest Over $2 Billion In Ethereum with Stock Sale appeared first on BeInCrypto.

origin »

Ethereum (ETH) на Currencies.ru

$ 3127.06 (+0.18%)
Объем 24H $25.56b
Изменеия 24h: -1.79 %, 7d: 2.97 %
Cегодня L: $3115.24 - H: $3185.96
Капитализация $377.422b Rank 2
Цена в час новости $ 3735.81 (-16.29%)

ethereum sale billion bitmine stock rising eth

Источник: beincrypto.com

ethereum sale → Результатов: 126


MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users

ConsenSys, owner of the Ethereum wallet MetaMask, said on May 21 that it does not collect taxes from cryptocurrency users. Sale taxes do not apply to MetaMask users ConsenSys said on Twitter: “Let’s clarify one thing upfront: MetaMask does NOT collect taxes on crypto transactions and we have not made any changes to our terms […] The post MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users appeared first on CryptoSlate.

2023-5-22 01:55


Фото:

Cardano-Based GOmetalaunch Begins $URGO Token Seed SaleS

GOmetalaunch Utility token, $URGO Token Seed Sale is live now.  GOmetalaunch is the Pioneer Metaverse IDO Launchpad on the Cardano Blockchain, the First of its kind on the Cardano, fully dedicated to Launching Cardano Metaverse projects and Play-to-Earn NFT Projects on the Cardano Blockchain and across other blockchains like Binance and Ethereum. The Vision For […]

2022-2-2 14:37


Фото:

Vitalik Buterin, Rick & Morty CEO Share Thoughts On Ways to Improve The Future of NFTs

Non-Fungible Tokens—or NFTs as we mostly called them — have outgrown the hype phase. Now there’s a massive number of creators aiming to break Beeple’s $69 million NFT sale record and an influx of institutions looking to cash in on the new technology that appears to be decentralizing museums at neck break speed. Like Ethereum’s […]

2022-1-28 14:11


Фото:

Pocket Network Announces Closing of Its Strategic Private Sale Led by Blockchain Industry Leaders Republic Capital, RockTree Capital, Arrington Capital and Others to Accelerate Network Development & Global Expansion

Tampa Bay, Florida, U.S.A – 6th January 2022 – Pocket Network – an infrastructure middleware protocol which provides decentralized cloud computing and abundant bandwidth on full nodes to other applications across 20 blockchains, including Ethereum, Polygon, Solana and Harmony has closed a strategic round of $10 Million led by Republic Capital, RockTree Capital, Arrington CapitalRead More

2022-1-7 11:00


Фото:

CODI Presents the Beginning of IDO While the Private Sale Ends on November 14th

CODI is a new DEX exchange based on the Solana network that aims to revolutionize transactions, the fastest cryptocurrency exchange. The CODI exchange has taken note of Solana’s answers to the issues of high transaction fees and slow speeds in the Bitcoin and Ethereum blockchain networks, and will put them into practice. CODI a fullyRead More

2021-11-11 15:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tomorrow the Fed Ends QT — Crypto Thinks the Melt-Up Starts Now

On December 1, 2025, the Federal Reserve (Fed) will officially end Quantitative Tightening (QT), freezing its balance sheet at $6. 57 trillion after draining $2. 39 trillion from the system. Analysts point to parallels with 2019, when the last QT pause coincided with a major bottom in altcoins and a surge in Bitcoin.

Is This the Next Big Crypto Shift? Quantum Tokens Hit $9 Billion

The quantum-resistant crypto sector now exceeds $9 billion in market capitalization, seeing daily trading volumes above $1. 5 billion. Investor focus on specialized blockchain projects has surged after Vitalik Buterin, Ethereum’s co-founder, warned about the threats posed by quantum computing that could compromise current cryptographic security.