Bitmine Continues Ethereum Treasury Buildout

Tom Lee's Bitmine Immersion Technologies continues to expand its Ethereum holdings. The company added nearly 10,000 ETH to its treasury over the past week.

This purchase was slightly larger than the one from the previous week but significantly lower than the aggressive acquisition of over 52,000 ETH in June.

The continued accumulation by Bitmine suggests ongoing institutional interest in Ethereum, despite the scaled-back purchases.