Tom Lee's Bitmine Buys Another $52M in Ether, Shrugging Off Market Skepticism

Bitmine (@BitMNR) Immersion Technologies has added another $52 million in Ether ($ETH), purchasing 26,497 ETH over the past week. Chairman Tom Lee (@fundstrat) said Ethereum's price still does not reflect the network's strengthening fundamentals. Bitmine now holds 5.4 million ETH valued at more than $10.5 billion, making it the largest corporate Ether treasury holder.