News Explorer — Tom Lee's BitMine Bought $214 Million Worth of Ethereum, Boosting Its Treasury to $9.3 Billion

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Jun 8, 3:18 pm

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Tom Lee's BitMine Bought $214 Million Worth of Ethereum, Boosting Its Treasury to $9.3 Billion

BitMine Immersion Technologies recently made its largest ETH purchase of 126,971 ETH, worth around $214 million. The firm sees a strengthening case for Ethereum after a vulnerability was discovered in Zcash. BitMine's treasury now holds 5,543,872 ETH, valued at $9.3 billion.

BitMine Immersion Technologies recently made its largest ETH purchase of 126,971 ETH, worth around $214 million. The firm sees a strengthening case for Ethereum after a vulnerability was discovered in Zcash. BitMine's treasury now holds 5,543,872 ETH, valued at $9.3 billion.

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