Tom Lee's BitMine Purchases Another $138 million Of Ethereum

Tom Lee's BitMine Purchases Another $138 million Of Ethereum BitMine Immersion Technologies (NYSE: $BMNR) has purchased another 65,341 Ethereum (CRYPTO: $ETH) as it bets that cryptocurrency prices are near a bottom. BitMine, run by investor Tom Lee, has leaned heavily into the market downturn in digital assets and continued buying Ethereum as the price has slumped. The latest acquisition by BitMine, worth $138 million U.S. lifted the company’s total holdings above 4.66 million ETH tokens, equivalent to 3. ...