Tom Lee's BitMine Acquires an Additional 35,000 Ethereum in the Past Week

On January 20, Nasdaq-listed BitMine announced that its Ethereum (ETH) holdings had reached 4,203,036 ETH. As of January 19, the company's cryptocurrency holdings comprised 4,203,036 ETH (valued at $3,211 per ETH), 193 Bitcoins (BTC), $22 million in Eight Holdings stock, and $979 million in cash. The ETH holdings now represent 3.48% of the total supply of 120.7 million ETH, approximately 70% of the company's target of 5%. Over the past week, the company acquired an additional 35,268 ETH. Chairman Tom Lee stated, 'We...'