Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether
Yahoo Finance·2025-12-15 14:12
BitMine Immersion Technology (BMNR), the largest Ethereum treasury company, continued its splurge, buying 102,259 in ether (ETH) through last week, worth roughly $320 million at recent prices. The latest acquisition, reported on Monday, brought the firm's stash to nearly 4 million tokens, aiming to corner 5% of ether's supply. The company kept its cash holdings steady at $1 billion, while its total holdings — including a minor bitcoin (BTC) stack and stake in Worldcoin-focused digital asset treasury Eight ...