Bitmine, led by Tom Lee of Fundstrat, has continued its strategic accumulation of Ethereum, purchasing an additional 27,801 ETH valued at $49.12 million last week. Despite this significant acquisition, the firm maintained its Bitcoin position, neither selling nor buying back any BTC during the same period. This move underscores Bitmine's ongoing confidence in Ethereum's potential while keeping its Bitcoin holdings unchanged.
Bitmine Acquires $49.12M in Ethereum, Holds Bitcoin Position Steady
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