tldr; BitMine Immersion Technologies (NYSE:BMNR) has acquired 102,259 Ethereum (ETH), bringing its total holdings to 3.97 million ETH, valued at $12.2 billion. This represents over 3.2% of Ethereum’s total supply, with a goal of reaching 5%. Chairman Tom Lee supports the company’s focus on digital assets, citing regulatory developments and long-term potential. BitMine is also developing an Ethereum staking infrastructure set to launch in 2026. Lee compared current AI valuations to the internet boom, emphasizing long-term value despite early high valuations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
baIIern on
At least people are using AI in real business use cases lmao 🤣
SeriousGains on
We’re still banking on 200k by end of January right Tommy boy?
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Saylor from Temu is acting up again…
tldr; BitMine Immersion Technologies (NYSE:BMNR) has acquired 102,259 Ethereum (ETH), bringing its total holdings to 3.97 million ETH, valued at $12.2 billion. This represents over 3.2% of Ethereum’s total supply, with a goal of reaching 5%. Chairman Tom Lee supports the company’s focus on digital assets, citing regulatory developments and long-term potential. BitMine is also developing an Ethereum staking infrastructure set to launch in 2026. Lee compared current AI valuations to the internet boom, emphasizing long-term value despite early high valuations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
At least people are using AI in real business use cases lmao 🤣
We’re still banking on 200k by end of January right Tommy boy?