Tom Lee's Bitmine buys 42,197 ETH worth $74m

Bitmine Immersion Technologies added 42,197 ETH to its treasury last week for about $74 million, lifting the company’s Ethereum holdings to 5.74 million ETH and moving the company even closer to reaching its stated goal of owning 5% of all ETH in circulation. The new ETH purchase, disclosed in a Monday briefing on July 6,...