Crypto

Ethereum Price Jumps on Iran Optimism as Tom Lee’s BitMine Adds to $10 Billion Stash

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In brief

  • BitMine Immersion Technologies (BMNR) acquired 65,341 ETH last week.
  • The company now holds over 4.66 million ETH tokens, valued above $10.1 billion.
  • However, BitMine has an unrealized loss near $7 billion due to ETH’s slide in recent months.

Leading Ethereum treasury company BitMine…

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