Bitmine Buys 27,562 ETH as Tom Lee Says Bull Market Is Underway
Bitmine Immersion Technologies has quietly accumulated nearly 6 million ETH, giving one public company control of roughly 4.9% of all ether in circulation. Its $16.1 billion ethereum pile is now just 121,000 ETH shy of Chairman Tom Lee’s “Alchemy of 5%” target. Records show that Bitmine has bought ETH every single week since June 30, […]
Key Takeaways
- Bitmine Immersion Technologies has quietly accumulated nearly 6 million ETH, giving one public company control of roughly 4.9% of all ether in circulation.
- Its $16.1 billion ethereum pile is now just 121,000 ETH shy of Chairman Tom Lee’s “Alchemy of 5%” target.
- Records show that Bitmine has bought ETH every single week since June 30, […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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