Bitmine Immersion Technologies has purchased 27,180 Ethereum over the past week, lifting its holdings to 5.96 million ETH as chairman Tom Lee points to U.S. legislation and institutional demand as possible drivers of a year-end crypto rally. Bitmine’s ETH holdings…
Bitmine further expanded its Ethereum reserves with a purchase of 27.180 ETH valued at about 68 million dollars, while its president, Tom Lee, identifies new signals that could favor the asset against Bitcoin in the coming months. Bitmine’s accumulation strategy continues to advance at a sustained pace. [...] The Bitmine entry buys 27.180 ETH and approaches its goal of controlling 5% of Ethereum was first published in Cryptoreport.