Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly ‘Done Stacking’
Summary
Bitmine has expanded its Ethereum holdings significantly, bringing its total treasury to over six million tokens. Leadership indicates that the company is close to finishing its accumulation phase amid expectations of a major cryptocurrency market expansion.
The Ethereum treasury firm now holds 6.03 million ETH, 4.9% of supply, as Lee predicts the biggest crypto bull market yet.
Source: Read the full story at Decrypt
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.