Tom Lee Says 'Absurd' AI Valuations Aren't Wrong As BitMine Adds 102,259 ETH
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. BitMine Immersion Technologies Inc. (NYSE:BMNR) purchased another 102,259 Ethereum (CRYPTO: ETH) as Chairman Tom Lee argues that seemingly extreme AI valuations can still deliver long-term returns. BitMine Pushes Closer To 5% Ethereum Ownership Goal As of Dec. 14, BitMine holds approximately 3.97 million ETH, valued near $12.2 billion at prevailing prices. The position represents more than 3.2% of total E ...