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Crypto

Bitmine Doubles Down on Ethereum with 4.8% Supply Stake

Guavy AI Editorial Team
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Tom Lee's cryptocurrency investment firm, Bitmine, has significantly increased its Ethereum holdings. The company now owns approximately 4.8% of the total Ethereum supply after making a recent purchase.

This latest acquisition marks another notable move by Bitmine in the crypto space. The exact price and date of the purchase are not specified in the report.

Tom Lee, co-founder of Bitmine, is known for his bullish predictions on cryptocurrencies. His views have been widely followed in the industry.

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