BitMine Immersion Technologies (NYSE:BMNR) surged 9% after acquiring 50,928 Ethereum (CRYPTO: ETH) lifting total holdings to 4.47 million ETH valued at $8.8 billion as Chairman Tom Lee called the pullback “attractive.” The 50K ETH Purchase BitMine's acquisition means the company now owns 3.71% of the total ETH supply, over 74% of the way to its “Alchemy of 5%” target in just eight months.
BitMine Buys Over 50,000 ETH As BMNR Breaks Out 9%
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BitMine Immersion Technologies (NYSE:BMNR) acquires 50,928 Ethereum (ETH), raising holdings to 4.47 million ETH valued at $8.8 billion; holdings equal 3.71% of total ETH supply and are about 74% toward a 5% target; BMNR shares rise 9%; Chairman Tom Lee called the pullback "attractive."
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