BitMine Makes Largest Ethereum Purchase of the Year
BitMine Immersion Technologies (BMNR) purchased $230 million worth of Ethereum (ETH) over the past week, marking its largest Ethereum acquisition of the year. The company now holds 4.97 million ETH, valued at $11.43 billion, and has total crypto and cash holdings of $12.90 billion. The purchase comes as BitMine's Chairman Tom Lee anticipates a bottom in Ethereum's price.
Topics: BitMine Immersion Technologies Crypto Purchases Ethereum Market Analysis