# EthereumFoundationSells5000ETHToBitMine

#Bitmine announces stock buyback program of $4B from $1B planned initially and uplisting to 'Big Board' #NYSE
#CryptoMarketsDipSlightly
$ETH

BTC BACK ABOVE $71K! IS THE NYSE THE NEW CRYPTO HUB?
​Bitcoin is officially back in the driver’s seat! 📈
After testing our patience, $BTC has surged 3.35% today, reclaiming the $71,000 level. Sentiment is flipping fast as geopolitical tensions ease and institutional "FOMO" kicks back in.
​The Big Story: Bitmine’s NYSE Debut 🏛️
Today is historical. Bitmine Immersion Technologies ($BMNR ) officially starts trading on the NYSE today, April 9!
​They aren't just miners; they are Ethereum Giants.
​Holding 4.8 Million ETH (~$11.4B).
​Staking 3.3 Million ETH via MAVAN.
​When the "Big Board" sta

#BitmineAdds50,900ETHLastWeek
Bitmine Immersion Technologies Shocks the Crypto Market with 50,928 ETH Purchase, Expands Holdings to 4,473,587 ETH and Advances Bold 5% Supply Strategy
In a decisive move that has captured the attention of both Wall Street and the digital asset community, Bitmine Immersion Technologies (NYSE: BMNR) announced the acquisition of 50,928 Ethereum tokens last week, bringing its total holdings to an extraordinary 4,473,587 ETH. The purchase, valued at approximately $100–103 million based on prevailing prices near $1,976 per token, comes at a time when cryptocurrency m

#BitmineAdds50,900ETHLastWeek
Bitmine Immersion Technologies, an Ethereum-focused treasury company led by Tom Lee, increased its Ethereum reserves to a record high last week by purchasing an additional 50,928 ETH! 🚀
The company made this purchase between February 23 and March 1, 2026, worth approximately $98.6 million - $103 million (at an ETH price range of ~$1,976 - $2,037). This is part of the company's aggressive "Alchemy of 5%" strategy (targeting 5% of the Ethereum supply) and has brought its reserves to 3.71% in 8 months. Current status (official announcements as of March 2-3, 2026):

Strategic ETH Accumulation Signals Institutional Intent — #BitmineAdds50,900ETHLastWeek
50,900 ETH in one week is not retail flow.
It’s balance sheet positioning.
Market Impact Analysis
When a mining entity accumulates this magnitude of ETH, the signal isn’t just about exposure — it’s about forward conviction.
Key implications:
• Reduction of circulating supply in active markets
• Increased staking potential → lower liquid float
• Institutional alignment toward ETH yield narrative
• Structural support under mid-range pricing
If these ETH holdings move into staking, effective float tightens fur

Strategic ETH Accumulation Signals Institutional Intent — #BitmineAdds50,900ETHLastWeek
50,900 ETH in one week is not retail flow.
It’s balance sheet positioning.
Market Impact Analysis
When a mining entity accumulates this magnitude of ETH, the signal isn’t just about exposure — it’s about forward conviction.
Key implications:
• Reduction of circulating supply in active markets
• Increased staking potential → lower liquid float
• Institutional alignment toward ETH yield narrative
• Structural support under mid-range pricing
If these ETH holdings move into staking, effective float tightens fur

#BitmineAdds50,900ETHLastWeek – A Bold Ethereum Accumulation Strategy
The crypto market is once again witnessing a major institutional move. Bitmine has made headlines after adding 50,900 ETH to its holdings in just one week. At a time when volatility remains high and global liquidity conditions are shifting, such a large Ethereum accumulation sends a powerful signal to the broader market.
This aggressive buying spree highlights growing institutional confidence in Ethereum as more than just a speculative asset. Ethereum continues to evolve as the backbone of decentralized finance (DeFi), NFTs,