BitMine Continues to Accumulate Ethereum, Purchasing an Additional 100,000 ETH Last Week

BitMine Immersion Technologies, the largest holder of Ethereum (ETH), announced on the 22nd that its holdings have reached 4,066,062 ETH. Over the past week, the company aggressively purchased an additional 98,852 ETH, now accounting for 3.37% of the total Ethereum supply. Related: Ethereum holder BitMine purchased over 100,000 ETH last week. Tom Lee, chairman of Fundstrat, who serves at BitMine, stated, 'Surpassing 4 million ETH is an important milestone, achieved in just 5.5 months—a remarkable achievement.'