Bitmine Acquires Additional $69 Million Worth of ETH, Anticipating a Near‑Term Resumption of Upward Price Momentum, Says Tom DeMark
Bitmine, the prominent cryptocurrency investment firm, has announced a fresh acquisition of Ether (ETH) valued at $69 million. This significant purchase underscores the firm’s confidence in the long‑term prospects of Ethereum and signals a strategic move to bolster its holdings as market conditions evolve. According to Tom DeMark, the chief analyst overseeing Bitmine’s Ethereum treasury, the rece…
Sept. 8, 2026, 1:06 p.m.