Bitmine Buys 27,180 ETH, Tom Lee Predicts Large Move Ahead
Ethereum
Bitmine Immersion Technologies (NYSE:BMNR) bought 27,180 Ethereum (CRYPTO: ETH) last week as Chairman Tom Lee flagged a new ETH/BTC uptrend breaking out for the first time since the COVID highs. What the Latest Purchase Shows According to the press release, Bitmine now holds 5.96 million ETH at current prices worth roughly $14.97 billion, representing 4.9% of Ethereum's 122 million token supply and putting the company 98% of the way to its 5% target.
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