Brind.
  1. BitMine Immersion has been accumulating Ethereum tokens and holds the largest treasury, while Thomas Lee believes its future is tied to the Ethereum ecosystem.

Multiple investors, including Peter Thiel and Cathie Wood, acquired stakes in BitMine Immersion Technologies, an Ethereum treasury company.

4 reports, 3 independent Updated Aug 26
Gone quiet Reached 3 outlets in its first 24 hours
Reports
4
Developments
4
Repetition
25%

New informationRepeats or wire copies

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 3 independent outlets

Multiple investors, including Peter Thiel and Cathie Wood, acquired stakes in BitMine Immersion Technologies, an Ethereum treasury company.

Who's involved

What this event is mainly about
EthereumPeter ThielCathie Wood

How it developed

Newest first. Tap a step to see who reported it.
  1. Peter Thiel invested in BitMine Immersion Technologies, while Tom Lee and Donald Trump were also involved in related crypto developments.Sub-event
  2. Investors like Thiel and Wood acquired stakes in BitMine Immersion Technologies, an ETH treasury company.1 source
  3. Company backed by Thiel/Wood planning $20B buy into ETH alongside BTC.1 source
  4. Thiel disclosed a 9.1% stake in BitMine, which is focused on Ethereum reserves.1 source

Keep exploring

Part of

BitMine Immersion has been accumulating Ethereum tokens and holds the largest treasury, while Thomas Lee believes its future is tied to the Ethereum ecosystem.

Also in this story

All 3 developments

The entities involved

Related events

Coverage

Newest first; wire copies grouped
  • BenzingaBitcoin Is On Top, Ethereum Has Some Catching Up To Do: The Crypto Treasury Play Unfolding On Wall Street Bitcoin (CRYPTO: BTC) reigns supreme as the leading asset in treasury allocations. However, i
  • BenzingaBitmine Plans $20 Billion Ethereum Blitz — Could ETH Hit $15,000? Ethereum's (CRYPTO: ETH) next moonshot might be brewing — and it's not coming from a meme coin army, but from Bitmine Immersion Techn
  • decryptETHZilla Ethereum Treasury Stock Skyrockets After Peter Thiel Buys Stake Tech billionaire Peter Thiel is backing yet another Ethereum treasury company—and the company’s stock has tripled in price on
  • Business InsiderPeter Thiel announced a big stake in a crypto miner that's betting big on Ethereum, sending the stock soaring 30% Peter Thiel just announced a 9.1% stake in an Ethereum holding company. BitMine Immer