Tom Lee’s BitMine Buys Another $79M Ethereum, BMNR Stock Soars 7%

BitMine Immersion Technologies purchased an additional $79 million worth of Ethereum, adding to its crypto treasury. The acquisition follows a strong weekly rally in ETH, and the company is nearing its goal of buying 5% of Ethereum's total supply. BitMine's stock, BMNR, soared 7% on the news, reflecting investor confidence in its strategy.