BitMine Expands Ethereum Holdings
BitMine Immersion Technologies has boosted its Ethereum reserves, acquiring 104,336 ETH valued at approximately $417 million.
This strategic purchase strengthens the company’s crypto portfolio and solidifies its position as the largest public Ethereum holder.
- BitMine now owns over 3.03 million Ethereum, worth roughly $12.2 billion.
- The company added over 300,000 ETH in just the past week, taking advantage of recent price dips.
Despite the crypto market crash, Tom Lee still predicts $ETH will hit $10K by year-end.
Author's summary: BitMine buys $417M Ethereum.