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BitMine acquires 27,084 Ethereum for $43M as Tom Lee's firm pushes toward 5% supply target
BitMine Immersion Technologies bought 27,084 ETH for $43M, bringing total holdings past 5.7 million tokens as Tom Lee targets 5% of Ethereum supply.
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coindesk.com
Tom Lee blames bitcoin, ether weakness on quarter-end rebalancing as Bitmine (BMNR) buys $43M ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year.
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cryptobriefing.com
Bitmine reaches 94% of ETH target as it joins Russell 1000
Bitmine joins the Russell 1000 as it reaches 94% of its 5% Ethereum target, with $9.8B in crypto, cash and other holdings.
