Key highlights: BitMine bought 52,203 ETH, raising its total holdings to 5.67 million ETH. The firm now controls about 4.7% of Ethereum’s circulating supply. Tom Lee says the crypto market still remains in the early stages of a “crypto spring.” Tom Lee’s BitMine is showing no signs of stopping its Ethereum purchases, even with the […]
Tag: MAVAN
By Jordan Lyanchev The rough market conditions and the global uncertainty have failed to faze the Tom Lee-chaired Ethereum buying machine, as Bitmine has spent approximately $90 million to acquire 52,203 ETH over the past week. Lee remains highly bullish on the industry, despite the repeated rejections at key price levels and the fact that […]
By Marco Piccolo Key highlights: BitMine (BMNR) added 102,259 ETH last week, boosting its Ethereum treasury to 3.97 million ETH, or 3.2% of the circulating supply. The company now holds $13.3 billion in crypto, cash, and strategic investments, maintaining its status as the world’s largest Ethereum corporate holder. BitMine reaffirms long-term ETH accumulation strategy amid […]