Tom Lee’s Bitmine Buys 52,203 ETH as $10B Position Faces $9.5B Paper Loss
Tom Lee’s Bitmine buys 52,203 ETH, raising holdings to 5.67M ETH as its $10B position faces a $9.5B paper loss. Bitmine Immersion Technologies bought another 52,203 ETH last week, worth about $92 million. The purchase raised the company’s total Ethereum holdings to 5,672,956 ETH. The company valued its ETH position at about $10 billion, based […] The post Tom Lee’s Bitmine Buys 52,203 ETH as $10B Position Faces $9.5B Paper Loss appeared first on Live Bitcoin News.