The post Tom Lee’s BitMine approaches 50% of goal to hold 5% Ethereum supply appeared on BitcoinEthereumNews.com. Key Takeaways Tom Lee’s Bitmine Immersion (BMNR) have reached nearly 50% of their goal to hold 5% of Ethereum’s total supply. BMNR has been steadily increasing its Ethereum holdings by buying during market dips, reflecting an institutional acquisition strategy. Tom Lee-led Bitmine Immersion (BMNR) is approaching 50% of its goal to hold 5% of Ethereum’s total supply. BMNR has been methodically increasing its Ethereum holdings through targeted purchases during market dips, aligning with Lee’s vision of positioning the company as a major institutional holder of the asset. Lee’s approach with BMNR mirrors strategies seen in other crypto-focused firms, emphasizing Ethereum as a key reserve asset amid growing regulatory clarity in the US. Ethereum remains a dominant blockchain network increasingly adopted by institutions for its smart contract capabilities and layer 2 scaling solutions. Source: https://cryptobriefing.com/tom-lee-bmnr-ethereum-treasury-strategy/The post Tom Lee’s BitMine approaches 50% of goal to hold 5% Ethereum supply appeared on BitcoinEthereumNews.com. Key Takeaways Tom Lee’s Bitmine Immersion (BMNR) have reached nearly 50% of their goal to hold 5% of Ethereum’s total supply. BMNR has been steadily increasing its Ethereum holdings by buying during market dips, reflecting an institutional acquisition strategy. Tom Lee-led Bitmine Immersion (BMNR) is approaching 50% of its goal to hold 5% of Ethereum’s total supply. BMNR has been methodically increasing its Ethereum holdings through targeted purchases during market dips, aligning with Lee’s vision of positioning the company as a major institutional holder of the asset. Lee’s approach with BMNR mirrors strategies seen in other crypto-focused firms, emphasizing Ethereum as a key reserve asset amid growing regulatory clarity in the US. Ethereum remains a dominant blockchain network increasingly adopted by institutions for its smart contract capabilities and layer 2 scaling solutions. Source: https://cryptobriefing.com/tom-lee-bmnr-ethereum-treasury-strategy/

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more