Tom Lee's BitMine Buys $52 Million in Ethereum as Strategy Sells Bitcoin
A week after notching its largest purchase of 2026, BitMine was back in the order books, accumulating more Ethereum.
Bankless·
Strategy sold 32 BTC for just $2.5M to fund preferred dividends, marking its first-ever sale, while Bitmine added more ~26.5K ETH.
Read full articleA week after notching its largest purchase of 2026, BitMine was back in the order books, accumulating more Ethereum.
A white-hat researcher unlocked over $2M in ETH trapped in a 2016 HongCoin ICO smart contract, returning funds to 48 investors after nine years. A 2016 Ethereum ICO called HongCoin never reached its funding goal. The contract was supposed to handle that issue. It didn’t. The smart contract had a broken refund function, and the […] The post Researcher Cracks 2016 HongCoin Bug, Frees $2M in Trapped ETH appeared first on Live Bitcoin News.
Strategy sold Bitcoin, sparking jitters among investors and raising questions among analysts toward the prospect of future sales.
Long-term whales have cashed out millions of dollars from Ethereum following the recent sell-off, potentially putting ETH at risk of further losses.
A whitehat developer helped return funds from HongCoin's failed 2016 token sale after a bug left investor refunds frozen for nine years.
Michael Saylor broke his silence after the market learned of Strategy’s 32 BTC sale and its $2.5 million in proceeds. His focus on STRC raised fresh questions about preferred dividends and the company’s bitcoin-backed capital model. Strategy’s First BTC Sale Tests Saylor’s Dividend Strategy Strategy (Nasdaq: MSTR) revealed in a Form 8-K filed with the […]
A total of 165 long-dormant bitcoin wallets moved approximately 5,073 BTC last month, with one address sitting idle since August 2010 finally coming to life in the final hours of May. Galaxy Research flagged one of the most notable movements on X, reporting that a wallet dormant for 15.8 years moved 20 BTC at block […]
Capital B now holds 3,139 BTC after buying 4 more for €0.26M at €64,989 each. Capital B’s 3,139 BTC were bought at ~$330M total, averaging $105,200 per BTC. Capital B aims for 1% of all BTC by 2033 and is Europe’s first public BTC treasury. Capital B, a French-listed business, has increased its Bitcoin holdings […] The post Capital B Doubles Down on Bitcoin as Treasury Grows to 3,139 BTC appeared first on Live Bitcoin News.