Crypto· Ethereum

Bitmine Buys Another $81M in Ethereum as ETH Outperforms Bitcoin

In brief Tom Lee's Bitmine bought another 32,447 ETH, worth roughly $81 million, last week. Bitmine says its 5.85 million ETH represents about 4.8% of the supply.

By AI NewsroomPublished 1 day agoUpdated about 3 hours ago4 views
Bitmine Buys Another $81M in Ethereum as ETH Outperforms Bitcoin

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This story touches on bitmine, ethereum, buys — topics readers are actively tracking. Review and add editorial context before publishing.

Key Facts

  • Fact 1: In brief Tom Lee's Bitmine bought another 32,447 ETH, worth roughly $81 million, last week.
  • Fact 2: Bitmine says its 5.85 million ETH represents about 4.8% of the supply.
  • Fact 3: The price of Ethereum is up more than 30% in the last week.
  • Fact 4: Bitmine Immersion Technologies is another step closer to its goal of owning 5% of Ethereum’s supply after buying another 32,447 ETH, worth roughly $81 million, last week.

In brief Tom Lee's Bitmine bought another 32,447 ETH, worth roughly $81 million, last week. Bitmine says its 5.85 million ETH represents about 4.8% of the supply.

The price of Ethereum is up more than 30% in the last week. Bitmine Immersion Technologies is another step closer to its goal of owning 5% of Ethereum’s supply after buying another 32,447 ETH, worth roughly $81 million, last week. The company said Monday that it held 5,847,611 ETH, worth around $15 billion as of August 23.

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Original source: Decrypt

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