BitMine Buys $240 Million in Ethereum as Tom Lee Heralds Arrival of ‘Crypto Spring’

In brief

• BitMine Immersion Technologies bought more than 100K ETH for the third straight week.
• The company holds over $11.2 billion in Ethereum, making it the largest holder of the coin.
• BitMine Chairman Tom Lee said he believes a “Crypto Spring” has begun; ETH is up 15% in the last month.