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Ethereum Price Forecast: BitMine adds 40K ETH as Thomas Lee predicts recovery
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its digital asset stash last week, acquiring 40,613 ETH. As a result, the company has pushed its holdings to 4.32 million ETH, worth about $8.9 billion at the time of publication. From that figure, the Nevada-based firm has staked 2.89 million ETH, about 67% of its entire stash. BitMine's latest acquisition follows a sustained decline in ETH's price after a wider crypto market slump over the past few weeks. The top altcoin has lost 62% of its value since reaching a new all-time high last August, even as daily active addresses and transactions ... (full story)
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