via Decrypt · By Decrypt Editorial
Tom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum
ETH/USDT
$7,266,169,417.22
$1,808.00 / $1,748.79
Change: $59.21 (3.39%)
+0.0036%
Longs pay
Leading Ethereum treasury firm BitMine Immersion Technologies made its largest ETH-denominated purchase of 2026 last week, adding 126,971 ETH or around $214 million worth of the second-largest cryptocurrency by market cap.
The firm’s major acquisition comes amid what the firm sees as a “strengthening case” for Ethereum following the AI-assisted discovery of a vulnerability in privacy protocol…
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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