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Bitmine Snaps Up Over 30,500 ETH as Tom Lee Focuses on Crypto’s New Success Story

Bitmine Snaps Up Over 30,500 ETH as Tom Lee Focuses on Crypto’s New Success Story


Lee outlined the breakaway success of the Robinhood Chain L2 mainnet launch, built on Arbitrum.

Bitmine Immersion Technologies, the former bitcoin miner turned massive Ethereum accumulator, continues to increase its altcoin exposure by snapping another 30,567 tokens over the past week.

Its total has grown to 5.77 million coins, and the latest purchase cements its position as the world’s largest corporate holder of Ethereum.

Coming for 5% Supply

The company has long stated that its mission is to accumulate and control 5% of Ethereum’s total supply. With its latest acquisition, it has further neared that goal as it now controls over 4.8% of the project’s circulating…

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