Tom Lee’s BitMine Widens Ether Treasury Lead As ETH Stash Hits $11 Billion Following Latest Purchase

Tom Lee-chaired BitMine Immersion Technologies has surpassed 2.65 million ETH holdings, boosting its ETH treasury to a value of nearly $11 billion, the company announced on Monday. BitMine purchased roughly 234,846 ETH, worth $961.5 million, since its last update on Sept. 22, announcing in a Monday press release that its total crypto and cash holdings had risen to $11.6 billion.