Bitmine Acquires Additional $69 Million in ETH, Anticipating a Near‑Term Resumption of Upward Price Momentum, Says Tom DeMark
Bitmine, the cryptocurrency investment firm known for its aggressive accumulation of digital assets, has announced a fresh purchase of Ethereum worth $69 million. This latest acquisition brings the firm’s total holdings of ETH to a new high, and it underscores the confidence of its chief strategist, Tom DeMark, that the long‑running bearish phase for Ethereum may be nearing its end.
DeMark, who …
Sept. 8, 2026, 1:06 p.m.