Tom Lee’s Bitmine Acquires an Additional $47 Million in ETH, Increasing Its Share to 4.9% of Ethereum Supply
In brief Bitmine owns 6,001,302 ETH, valued around $16.2 billion, which is approximately 4.9% of the total circulating supply. Since June 30, 2025, the company has been purchasing Ethereum weekly, having acquired 17,362 tokens worth roughly $47 million just last week. Over five million of these tokens are currently staked, yielding an annualized rate of […]
Iconoclasts melted down Robert E. Lee’s statue. Here’s what they’ll reshape his bronze into.
Five years back, the nearly century-old Robert E. Lee statue in Charlottesville was dismantled and melted down, largely driven by advocates seeking to challenge historical symbols. What’s left of it will now be transformed into representations of African heritage by some black community members. The Beginning Philanthropist Paul Goodloe McIntyre played a significant role in […]
Debate over Spike Lee’s ring intensifies after Knicks secure NBA title
Spike Lee and Championship Rings Comedian Kevin Hart and ESPN commentator Stephen A. Smith have joined the conversation about whether celebrities should receive championship rings, especially after New York Knicks superfan Spike Lee celebrated his first title in 53 years. In an Instagram video shared on Sunday, Hart made a passionate case for Lee, stating, […]
Sen. Mike Lee’s Bill Against DEI Would Prevent Federal Contracts from Being Given Based on Race or Gender
New Bill Aims to End Discrimination in Government Contracting A bill introduced by Sen. Mike Lee (R-UT) seeks to tackle what he describes as discrimination in diversity, equity, and inclusion (DEI) practices. His intention, he mentions, is to “restore merit-based partnerships” in how the government awards contracts. Titled the Antidiscrimination in Government Contracts Act, the […]
Islanders’ playoff exit raises uncertainty about Anders Lee’s future
Anders Lee’s Uncertain Future with the Islanders It’s unclear if Tuesday’s game was Anders Lee’s final appearance as an Islander, even for the captain himself. What stands out, however, is Lee’s deep desire to finish his career with the team that selected him in 2009. Before the Islanders wrapped up their season against the Hurricanes, […]
Spike Lee’s supportive Palestinian attire draws attention at the NBA All-Star Game
Spike Lee Makes a Statement at NBA All-Star Game Spike Lee was spotted courtside at the NBA All-Star Game held at the Intuit Dome in Southern California, and it was his choice of attire that really caught the attention of attendees. He showed up sporting pro-Palestinian clothing amidst a new format for the game, which […]
Tom Lee’s BitMine Secures an Extra $42 Million in Ethereum Amid Crypto Downturn
Bitmine Expands Ethereum Holdings Amid Price Fluctuations Bitmine, known as the largest corporate holder of Ethereum, is seizing the opportunity presented by recent price shifts to grow its portfolio. On February 7, blockchain analytics platform Lookonchain highlighted the transaction based on insights from Arkham Intelligence. The firm acquired around 20,000 ETH, spending approximately $41.98 million […]
Tom Lee’s BitMine Ethereum Strategy Nearly Becomes ‘Worst Trade Ever,’ According to Ross Gerber as Company Deals with Billions in Paper Losses
Investor Ross Gerber criticized BitMine’s strategy over a major unrealized loss related to Ethereum. It seems the company is facing quite the downturn, and it’s raising eyebrows in the investment community. Tom Lee, the CEO of Gerber Kawasaki Wealth and Investment Management, has weighed in on the situation. According to DropsTab’s data, BitMine’s Ethereum holdings […]
Ronnie Radke seeks a restraining order against Tommy Lee’s wife amid catfish controversy.
Ronnie Radke Seeks Restraining Order Against Brittany Furlan Ronnie Radke has taken steps to file a temporary restraining order against Brittany Furlan, the wife of Tommy Lee. Radke alleges that Furlan has been harassing him ever since revelations came out that she had been catfished by someone pretending to be the Falling In Reverse frontman. […]
Ark Invest, led by Cathie Wood, purchases the dip in Coinbase, Circle, and Tom Lee’s Ethereum-based BitMine.
Ark Invest Increases Crypto Stock Holdings On Monday, Cathie Wood’s investment firm, Ark Invest, expanded its positions in several well-known cryptocurrency stocks, including Coinbase, Circle, and Bitmine Immersion Technologies, despite a downturn in stock prices. The firm made significant investments, most notably in Bitmine and Coinbase. Specifically, over 550,000 shares of Bitmine (BMNR) were acquired, […]