Corporate holder BitMine Immersion buys Ethereum during market drawdown, mirroring investor sentiment aligned with Warren Buffett's market advice.

The entities involved

• BitMine Immersion →

  publicly traded cryptocurrency firm

  Nothing else this week.

• Ethereum →

  public blockchain platform with programmable transaction functionality

  • Bitmine holds 4.7% of total Ethereum coin supply and 205 Bitcoin, with Founders Fund among its institutional investors.Mon 16:28
  • Animoca Brands is contributing to the ecosystem with commitments, launching natively across multiple blockchains, and executive comments on product goals.Mon 15:05
• Warren Buffett →

  American investor, entrepreneur and businessman

  • Berkshire Hathaway, led by Warren Buffett, holds stakes in American Express and Moody's Corporation, demonstrating its diverse investment strategy.Mon 00:05
  • Berkshire Hathaway made a major corporate move by acquiring a large stake in Alphabet (Google).Sun 14:53
• Warren Buffett →

  American investor, entrepreneur and businessman

  • Buffett's essay discusses how share prices don't reflect business value, specifically mentioning Gentherm Incorporated.Sun 12:21
  • Buffett mentioned S&P as a historical information source, and Robert R. Johnson is a professor at Creighton University.Sun 12:13

Related events

• ETF flows indicate differing investor sentiment regarding the market outlook for both Bitcoin and Ethereum.Aug 30