Tom Lee's BitMine Immersion Added Another $320M in Ether, Bringing Overall Holdings Above $14B

BitMine Immersion Technologies (BMNR), the Ethereum-centric digital asset treasury firm led by Fundstrat's Thomas Lee, said it bought 77,055 ether (ETH) over the past week, a purchase worth roughly $320 million at Monday’s prices. BitMine's stock was 4.5% higher in the Monday session alongside about a 5% advance in ETH to above$ 4,100 over the weekend. The acquisition pushes the company’s stack to over 3.31 million ETH, about 2.8% of the total ETH supply. Overall holdings climbed to $14.2 billion in comb ...