Community Articles
via Decrypt · By Decrypt Editorial
Tom Lee's BitMine Buys $52 Million in Ethereum as Strategy Sells Bitcoin
ETH
ETH/USDT
$1,935.01
+1.51%
$1,935.01
+1.51%
(24s)24h Volume
$12,235,897,078.23
24h H/L
$1,936.99 / $1,872.00
Change: $64.99 (3.47%)
Long/Short
60.5%
Long: 60.5%Short: 39.6%
Funding Rate
+0.0061%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(04:25 PM UTC)
1 min read
In brief
- ETH treasury firm BitMine Immersion Technologies added another $52 million in Ethereum.
- Meanwhile, its Bitcoin counterpart Strategy sold $2.5 million worth of BTC to fund its dividend-paying preferred stock.
- BitMine now holds around 4.48% of the Ethereum circulating supply, valued at more than $10.6 billion.
Publicly traded Ethereum treasury firm BitMine Immersion Technologies once…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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