BitMine Immersion acquired nearly 61,000 Ethereum over the past week, bringing its total holdings to approximately 4.596 million ETH, valued at over $10.4 billion. The company's total crypto assets, cash, and investments are valued at approximately $11.5 billion. Chairman Tom Lee stated that he has slightly accelerated the pace of purchases because he believes the market may be approaching the end of a "mini crypto winter." He noted that since recent Middle East tensions, Ethereum has significantly outperformed the S&P 500 index.

ETH10,38%

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