By Jordan Lyanchev Bitmine Immersion Technologies, the former bitcoin miner turned massive Ethereum accumulator, continues to increase its altcoin exposure by snapping another 30,567 tokens over the past week. Its total has grown to 5.77 million coins, and the latest purchase cements its position as the world’s largest corporate holder of Ethereum. Coming for 5% […]
Tag: MAVAN
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 […]
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 […]