Bitmine Acquires Additional $69 Million in ETH, Anticipating a Near‑Term Resumption of Upward Price Momentum, Says Tom DeMark
Bitmine, the prominent cryptocurrency investment firm led by Tom DeMark, has announced a fresh acquisition of Ethereum (ETH) amounting to $69 million. This latest purchase underscores the firm’s continued confidence in the digital asset’s long‑term prospects and signals an expectation that the recent downtrend in ETH’s price may soon reverse. DeMark, a seasoned analyst known for his macro‑economi…
Sept. 8, 2026, 1:06 p.m.