BitMine Makes Bold Ethereum Move During Market Dip

In the wake of a market dip, BitMine has taken decisive action by investing $140 million in Ethereum (ETH). Under the guidance of Tom Lee, co-founder of Fundstrat and current head of BitMine, the company’s newest acquisition boosts its total Ethereum assets to about 4 million ETH, steering its portfolio’s value towards $11.6 billion.