In a strategic play capturing market volatility, BitMine has injected $140 million into Ethereum acquisitions, securing its position as the largest institutional holder of the digital currency worldwide. Co-founded by Tom Lee, BitMine’s massive purchase increases its holdings to nearly 4 million ETH, a stake worth approximately $11.6 billion at current market prices.
Continue Reading:Could BitMine’s Bold Move Signal a New Era for Ethereum?
Source: https://en.bitcoinhaber.net/could-bitmines-bold-move-signal-a-new-era-for-ethereum