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Tag: second-largest

BitMine Reveals 3.6 Million ETH, but Investors Question the Math

The post BitMine Reveals 3. 6 Million ETH, but Investors Question the Math appeared com. BitMine has disclosed one of the largest Ethereum treasuries ever recorded, 3. 63 million ETH. However, its stated average purchase price of $2,840 has sparked immediate pushback from analysts who claim the math does not add up. The update is significant because BitMine is now approaching its long-stated goal of acquiring 5% of all Ethereum, a threshold that Fundstrat has dubbed the “Alchemy of 5%.” Sponsored BitMine Discloses $11. 2 Billion in Crypto and Cash Holdings In an update on November 24, BitMine (BMNR) reported total holdings of $11. 2 billion across crypto, cash, and “moonshots.” The company holds 3, 629, 701 ETH, 192 BTC, a $38 million stake in Eightco Holdings, and $800 million in unencumbered cash. 🧵BitMine provided its latest holdings update for Nov 24th, 2025: $11. 8 billion in total crypto + “moonshots”:-3, 629, 701 ETH at $2,840 per ETH (@coinbase )- 192 Bitcoin (BTC)- $38 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and- unencumbered cash of $800.- Bitmine (NYSE-BMNR) TH (@BitMNR) November 24, 2025 According to BitMine, the 3. 63 million ETH was accumulated at an average price of roughly $2,840 per token. At current market levels above $2,900, the position would be slightly profitable. Ethereum (ETH) Price Performance. BitMine now has 3% of the ETH supply Two-thirds on the way to the ‘Alchemy of 5%’ 👏👏👏👏 Thomas (Tom) Lee (not drummer) FSInsight. com (@fundstrat) November 24, 2025 Sponsored Weekly Purchases Show Aggressive Accumulation BitMine also published its weekly ETH purchases, showing consistent and sizeable inflows throughout October and November. Period (Week ending) Quantity of ETH Purchased November 24 69, 822 ETH November 17 54, 156 ETH November 10 110, 288 ETH November 3 82, 353 ETH October 27 77, 055 ETH October 20 203, 826 ETH October 13 202, 037 ETH.

Russian police arrest crypto exchange robber armed with fake grenade

The post Russian police arrest crypto exchange robber armed with fake grenade appeared com. Russian authorities have detained a young man who tried to rob a cryptocurrency exchange by threatening its staff with smoke and airsoft grenades. The attack comes amid rising numbers of criminal cases targeting crypto holdings and their owners, including through kidnappings and killings. Russian police arrest crypto robber in St. Petersburg A resident of Russia’s Leningrad Region has been arrested in St. Petersburg after attempting to rob a crypto exchange office at an apartment hotel. Local police said the attack took place late on Saturday, in the building located on Khersonskaya Street of the country’s second-largest city. The crypto robbery was prevented by officers who arrived at the scene after receiving a report about a noisy conflict that evening. The 21-year-old attacker used strikeball and smoke grenades, the regional department of the interior ministry detailed in a press release, quoted by Fontanka. ru, Gazeta. ru and other Russian media on Sunday. The man entered the office of the coin exchange service, detonated two of the airsoft grenades, and ignited the smoke bomb. Then, he demanded that the employees of the crypto trading platform transfer its cryptocurrency funds to a wallet of his own. The failed robber was apprehended with the help of servicemen from Russia’s National Guard, who came to the aid of the policemen. Bomb disposal specialists who inspected the area confirmed that the devices used in the attack were in fact airsoft replicas that create a lot of noise and smoke without causing serious damage. Another two of those were seized from the perpetrator. Russian authorities have opened a criminal investigation into the attempted robbery and a decision on whether the man should remain in pretrial detention is under consideration. Crimes targeting cryptocurrency are on the rise in Russia Cases in which criminals try to take hold of victims’ cryptocurrency.

Ethereum Price Nears Key Support as Analysts Eye a Potential Rebound

After weeks of sideways action, ETH remains trapped in a consolidation range, sparking uncertainty among traders who are looking for [.] The post Ethereum Price Nears Key Support as Analysts Eye a Potential Rebound appeared first on Coindoo.

China just purchased its first U.S. soybeans from this year’s harvest before Trump and Xi meet at economic summit

The progress marks quicker negotiations between the two countries after China’s crackdown on rare-earths exports, expert says.

Neil Cole exonerated of fraud on double jeopardy after $150m legal battle, claims he is target of ‘lawfare’

Neil Cole exonerated of fraud on double jeopardy after $150m legal battle, claims he is target of ‘lawfare’

Sharplink Gaming Buys $80M in Ethereum for Treasury After Month-Long Break

TLDR Sharplink Gaming purchased 19, 271 ETH worth approximately $80 million, ending a month without new acquisitions The company now holds 859, 400 ETH valued at roughly $3. 6 billion, making it the second-largest corporate Ethereum holder Sharplink raised $76. 5 million through equity offering at $17 per share, a 12% premium to market price Corporate treasuries collectively hold [.] The post Sharplink Gaming Buys $80M in Ethereum for Treasury After Month-Long Break appeared first on CoinCentral.

Ungrateful locals on Guernsey reveal they reasons they prefer French tourists to Brit holidaymakers

Guernsey has experienced an unprecedented influx of French tourists who they claim are far more desirable due to their deep pockets and polite attitude.