Bitmine Buys $75 Million in Ether as Tom Lee Says Institutions Remain Underweight Crypto
Key Highlights Bitmine Immersion Technologies (BMNR) acquired 27,562 ETH worth approximately $75.2 million last week, raising its total holdings to 5,983,940 ETH — roughly 4.9% of the total 122.1 million ETH supply. The firm has purchased ether weekly since its June 2025 pivot to a crypto treasury strategy and has staked about 5 million ETH ...