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Crypto

Tom Lee's BitMine Piles on the Ethereum Bets with $278M Stake

Guavy AI Editorial Team
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Tom Lee's investment firm, BitMine, has made another significant Ethereum (ETH.CC) stake, this time worth $278 million. The latest transaction brings BitMine's total ETH holdings to a substantial $9.38 billion, representing an impressive 87.4% of its overall ETH investments.

This move comes on the heels of BitMine's previous large-scale Ethereum stakes, with the firm having now staked a total of 5,067,309 ETH worth over $9.38 billion.

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