Lido has introduced a major upgrade to its Ethereum staking infrastructure that supports higher validator balances and projects a one-third reduction in validator count through its new Curated Module v2.
Lido launched Curated Module v2, an upgrade that could reduce Ethereum's validator count by one-third by consolidating validators and introducing new operator rules.
BitMine continues its accumulation strategy and hits a new milestone on Ethereum. The company announced holding 5.79 million ETH, about 4.8% of the total cryptocurrency supply.
Bitmine Immersion Technologies just bought nearly 10,000 ETH in a single week.
BitMine Immersion Technologies (BMNR) significantly bolstered its Ethereum reserves with an acquisition of nearly 10,000 tokens last week, simultaneously accelerating its share repurchase initiative to unprecedented levels.
BitMine Immersion Technologies ($BMNR) is doubling down on a crypto-centric treasury playbook, pairing aggressive buybacks with steady expansion of its Ethereum (ETH) reserves—moves that underscore a growing cohort of public companies treating digital assets as core balance-sheet instruments. In a statement released Tuesday UTC, BitMine said it repurchased about 6.1 million shares of common stock last week and bought an additional 9,946 ETH.
Bitmine Immersion Technologies (BMNR) shares popped 13% Monday after a fresh treasury update. It was the best-performing stock of the day on Wall Street.
Tom Lee, chairman of BitMine Immersion Technologies and co-founder of Fundstrat, has publicly endorsed Ethereum layer-2 platform Lighter, calling it a massive breakout success and a critical piece of Ethereums infrastructure. The statement is notable because BitMine, which describes itself as the worlds largest Ethereum treasury company, currently holds 5.79 million ETH, with nearly 4.92 million ETH staked, reflecting the firms long-term confidence in the Ethereum ecosystem.
Tom Lee has called Lighter (LIT) a breakout success and a critical piece of Ethereum's infrastructure. The remarks follow a new Bankless interview with the exchange's founder.
Capital rotates into Ethereum as investors show where their conviction lies.
Ethereum whales increased accumulation as wallets holding 1,000 to 10,000 ETH rose from roughly 4,750 in early June toward 4,850 as ETH held its breakout. U.S. spot Ethereum ETFs recorded a third straight week of inflows, adding $103.9 million in the week ending July 24 throughout July.
Bitmine Technologies announced they have bought another 9,946 ETH over the past week, another sign of long-term conviction from institutions and holders.