Bitmine Acquires Additional $69 Million Worth of ETH, Anticipating a Near‑Term Resumption of the Upward Price Trend, Says Tom DeMark
Bitmine, the cryptocurrency investment firm known for its strategic accumulation of digital assets, has announced a fresh purchase of Ethereum (ETH) valued at $69 million. This move adds to the firm’s already sizable holdings and signals a renewed confidence in the medium‑term prospects for Ethereum’s price. The purchase was made under the guidance of Tom DeMark, a senior analyst at Bitmine, who …
Sept. 8, 2026, 1:06 p.m.