Tom Lee's BitMine Immersion added 41,000 ether as paper losses rise to $6 billion
Yahoo Finance·2026-02-02 22:43

BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury firm, continued its weekly ether (ETH) purchase streak even as a sharp crypto sell-off deepened its unrealized losses and sent its stock to new 7-month lows. The firm said in a Monday update that it bought 41,788 ETH last week, its largest weekly token haul so far this year, worth around $96 million at current prices. The purchase lifted BitMine’s total ETH holdings to 4,285,125 tokens, or about 3.55% of Ethereum’s circulating su ...

Tom Lee's BitMine Immersion added 41,000 ether as paper losses rise to $6 billion - Reportify