Bitmine Immersion Technologies sharply slowed its weekly Ethereum purchases after months of rapid accumulation that made it the world’s largest Ethereum treasury company. The Tom Lee-chaired firm bought 26,659 ETH last week, worth about $62.1 million at current prices. The latest purchase lifted Bitmine’s Ethereum holdings to 5,206,790 ETH, valued at about $12.1 billion. Bitmine said its total crypto and cash holdings now stand at $13.4 billion. Its ETH holdings equal about 4.3% of Ethereum’s current circulating supply of about 120.7 million ETH. “We have decided to slow down our pace of weekly accumulation from ... (full story)