Bitmine Immersion purchased 10,399 ether (ETH) last week, worth about $19.1 million, increasing its holdings to nearly 5.8 million ETH or 4.8% of Ethereum's circulating supply. Chairman Tom Lee highlighted that ether outperformed the Nasdaq 100 by 25% in July, the strongest monthly gain in a year, signaling improving crypto fundamentals. Bitmine also repurchased 4.5 million shares of its stock, totaling 16 million shares recently. The company’s strategy focuses on Ethereum treasury holdings and staking, projecting $247 million annualized revenue from staking 85% of its ETH holdings through its MAVAN platform. This move contrasts with Strategy’s recent bitcoin sales, emphasizing Bitmine’s bullish outlook on ether and crypto recovery.
Hennessey Special Vehicles has revealed the Blackbird, a new naturally aspirated, manual-transmission hypercar inspired by the Lockheed SR-71 Blackbird aircraft. The car features an all-new 6.2-liter V8 engine producing 800-850 hp, a six-speed gated ...
Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, began his leadership by significantly reducing the company's investment in Chevron. At the same time, he introduced a virtual monopoly company into Berkshire's top five holdings, sig...
Galaxy Digital has committed $5 million to improve Bitcoin's resistance to potential quantum computing attacks. This move addresses concerns that future quantum computers could break Bitcoin's cryptographic security, posing a risk to its integrity. T...
On July 31, 2026, Shell plc repurchased a total of 1,530,000 shares for cancellation across different trading venues, including the London Stock Exchange and Euronext Amsterdam. This buyback is part of Shell's existing share repurchase program announ...
Curium has agreed to acquire Lantheus for up to $8 billion in cash, offering Lantheus shareholders $102.50 per share at closing plus up to $12 per share in contingent value rights based on future performance. The merger combines Curium's global thera...
