BitMine Immersion Technologies has significantly expanded its Ethereum holdings by purchasing 27,316 ETH valued at $113 million, pushing its total ETH assets to over 3.3 million tokens worth around $13.2 billion. This move establishes BitMine as the largest corporate Ethereum holder and the second-largest crypto treasury overall. CEO Tom Lee emphasizes Ethereum's role as a neutral and institutional-friendly blockchain, contrasting with Bitcoin’s ongoing market volatility. BitMine aims to acquire 5% of Ethereum's total supply, signaling its commitment to becoming a dominant player in Ethereum’s ecosystem amid recent price fluctuations.
Continue to read BitMine Becomes Leading Corporate Ethereum Holder with $113 Million Acquisition
BitMine Immersion Technologies has significantly expanded its Ethereum holdings by purchasing 27,316 ETH valued at $113 million, pushing its total ETH assets to over 3.3 million tokens worth around $13.2 billion. This move establishes BitMine as the largest corporate Ethereum holder and the second-largest crypto treasury overall. CEO Tom Lee emphasizes Ethereum's role as a neutral and institutional-friendly blockchain, contrasting with Bitcoin’s ongoing market volatility. BitMine aims to acquire 5% of Ethereum's total supply, signaling its commitment to becoming a dominant player in Ethereum’s ecosystem amid recent price fluctuations.
Continue to read BitMine Becomes Leading Corporate Ethereum Holder with $113 Million Acquisition
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