Bitmine Invests $236 Million in Ether, Touting ETH as a 'Store of Value' Amid Global Uncertainty
Bitmine Immersion Technologies, led by Chairman Tom Lee, has purchased an additional 101,901 ETH, bringing its total holdings to over 5 million tokens, approximately 4.21% of the circulating ether supply. This milestone was achieved in roughly 10 months, following the company's strategic shift from bitcoin mining to a digital asset treasury firm in June. Lee noted, 'Bitmine's ETH holdings have su…
April 27, 2026, 1:17 p.m.