BitMine Acquires $49 Million Worth of Ethereum; Tom Lee Cites Strong Performance from Robinhood Chain

Publicly traded firm BitMine Immersion Technologies added $49 million in ETH to its treasury, increasing its holdings to nearly 5.8 million ETH or ~4.8% of the circulating supply. The move follows a strong week for Ethereum and Tom Lee's positive outlook on Robinhood Chain’s performance as an Ethereum layer-2 network.

By Logan Hitchcock Mon, July 13, 2026 at 6:22 PM GMT+3 2 min read · Yahoo Finance · July 13, 2026, 15:22 UTC

Tickers: $BMNR $HOOD

Topics: BitMine DeFi Ethereum Robinhood Chain

Read the full article at Yahoo Finance

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