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Tom Lee Says 'Absurd' AI Valuations Aren't Wrong As BitMine Adds 102,259 ETH
Yahoo Finance· 2025-12-16 08:31
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 ...