BitMine Immersion, the Bitcoin miner turned treasury company run by investor Tom Lee, is buying the dip in Ethereum as its price falls sharply. On Nov. 24, BitMine bought another $200 million U.S. worth of Ethereum, bringing its total holdings to more than $10 billion U.S, equivalent to 3% of the entire ETH token supply. The firm has a stated goal to own 5% of the entire supply of Ethereum. The buying comes after the crypto market experienced its biggest ever leverage wipeout, sending crypto prices plummeting. Ethereum's price has fallen 35% since Oct. 10, while Bitcoin (CRYPTO:$BTC) has dropped around 30%. Tom Lee, ... (full story)