"As the adage goes, nobody 'rings the bell at the bottom' and therefore BitMine's strategy is to now slightly increase its pace of ETH accumulation," said BitMine Chairman Thomas Lee in a statement on Monday. The firm now holds 4.53 million ETH, bringing it about 75% closer to its initial goal of acquiring 5% of Ethereum's circulating supply. BitMine also increased its cash balance to $1.2 billion last week, giving it more fuel to continue accumulating ETH. ETH, along with the broader crypto market, is in the late stage of a 'mini-crypto winter' and could bottom in the next few days, according to Lee. Citing the ... (full story)