Bitmine Doubles Down On Ethereum As ETFs See Outflows
Bitmine Immersion Technologies (NYSE:BMNR) purchased 25,000 ETH for over US$50 million. The transaction extends the company’s existing Ethereum accumulation policy. Bitmine Immersion Technologies’ Ethereum holdings are now above US$11b in value. The purchase occurred while broader sentiment toward ETH is described as bearish. Ethereum ETFs are seeing significant outflows at the same time as Bitmine Immersion Technologies is buying. Bitmine Immersion Technologies, listed on the NYSE under...
Bitmine Immersion Technologies (NYSE:BMNR) purchased 25,000 ETH for over US$50 million.
The transaction extends the company’s existing Ethereum accumulation policy.
Bitmine Immersion Technologies’ Ethereum holdings are now above US$11b in value.
The purchase occurred while broader sentiment toward ETH is described as bearish.
Ethereum ETFs are seeing significant outflows at the same time as Bitmine Immersion Technologies is buying.
Bitmine Immersion Technologies, listed on the NYSE under...
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