Bitmine Immersion Technologies (NYSE: $BMNR) purchased another $75 million U.S. of Ethereum (CRYPTO: $ETH) amid signs that the “crypto winter” is ending.
Bitmine, the largest Ethereum treasury company, acquired 27,562 Ethereum over the past week, continuing its steady buying that has been ongoing for more than a year.
The company’s latest purchase was worth $75.2 million U.S. and raised its holdings to 5,983,940 ETH, equal to about 4.9% of the token’s 122.1 million circulating supply.
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