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BitMine Adds $294 Million in Ethereum as Tom Lee Makes Bullish Bitcoin, ETH Price Projections
Yahoo Finance·2025-11-04 01:09

Publicly traded Ethereum treasury company BitMine Immersion Technologies (BMNR) added more than 294millioninETHinthelastweek,asitsChairmanTomLeeremainedbullishonayearendrunforBitcoinandEthereum,evenasthecompanyssharepricehasfalleninrecentweeks.Thefirmacquiredanother82,353ETH,bringingitsbalancesheettotalsto3,395,422Ethereumormorethan2.8294 million in ETH in the last week, as its Chairman Tom Lee remained bullish on a year-end run for Bitcoin and Ethereum, even as the company's share price has fallen in recent weeks. The firm acquired another 82,353 ETH, bringing its balance sheet totals to 3,395,422 Ethereum or more than 2.8% of the circulating Ethereum supply which it has acquired at an average price of 3,909. With ETH changing hands at $ ...