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Tom Lee's Bitmine Buys $123 Million More Ethereum as Treasury Tops 5.4 Million ETH

Tom Lee's Bitmine bought 75,000 ETH for $123M on June 9, pushing its treasury past 5.4 million ether as it chases a 5% supply target.

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news.bitcoin.comStai leggendo3 mesi fa

Tom Lee's Bitmine bought 75,000 ETH for $123M on June 9, pushing its treasury past 5.4 million ether as it chases a 5% supply target.

The firm continues to buy ETH at an accelerated pace despite a reported paper loss of nearly $10 billion on its holdings.