Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts

BitMine Immersion Technologies (BMNR), the Ethereum-centric crypto treasury firm helmed by Fundstrat's Thomas Lee, said on Monday it acquired 96,798 in ether (ETH) through last week continuing its buying spree while digital asset treasuries remain under pressure due to falling crypto prices. The latest purchase lifted the firm's total ETH holdings to 3.73 million tokens, worth about $10.5 billion at the latest prices, extending its lead as the largest Ethereum treasury company. The firm also holds 192 bit ...