BitMine Immersion Technologies Inc. (NYSE:BMNR) on Monday announced having purchased 138,452 Ethereum (CRYPTO: ETH) as BMNR attempts to stabilize after a steep multi-month decline.Company Expands Crypto Treasury To More Than 3.86 Million ETHAccording to a press release, BitMine now holds 3.86 million ETH, or more than 3.2% of the total supply, alongside $1 billion in cash and 193 Bitcoin (CRYPTO: BTC).The company said its combined crypto, cash, and "moonshot" assets total $13.2 billion. Chairman Thomas "Tom" Lee said the accelerating accumulation reflects confidence that Ethereum prices will strengthen on the back of multiple catalysts.Lee pointed to the December ...Full story available on Benzinga.com
BitMine Adds 138,000 ETH, But BMNR Still Down 60% From The Highs
