amit
$BMNR $ETH Bitmine acquires 110,228 ETH over the past week, now owning 2.9% of the entire Ethere...
180 days agoamitamitisinvesting
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Bitmine (BMNR) significantly increased its Ethereum (ETH) holdings by 110,228 ETH last week, now owning 2.9% of the total supply. This aggressive accumulation, driven by the recent dip in ETH prices, signals strong conviction from Bitmine's Chairman, Tom Lee, who views Ethereum as a "super cycle story" for the next decade due to Wall Street's interest in asset tokenization. Investors might consider ETH as a long-term play, aligning with Bitmine's strategy.

Ask about this postAnswers are grounded in this post's content.
Tweet
About amit
amit

amit

By amitisinvesting

breaking down tech, business, & stocks $PLTR