BitMine Immersion Technologies, the world’s largest Ethereum treasury company, acquired 17,362 ETH for $46.82 million over the past week. This purchase brings the company’s total holdings to over 6 million ETH, worth approximately $16 billion at current market prices. BitMine now holds 4.9% of Ethereum’s circulating supply, solidifying its position as the largest corporate holder of the asset. Despite a slight pullback in ETH’s price below its recent high of around $2,700, Tom Lee continues to execute his long-term accumulation strategy.
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