BUSINESSTHE BLOCK
BitMine adds 101,745 ETH for $238 million in third straight weekly buy above 100,000 tokens
BitMine Immersion has purchased 101,745 ETH for $238 million, marking its third consecutive weekly buy of over 100,000 tokens, increasing its total ether holdings to 5.18 million tokens valued at around $12.1 billion. This significant investment underscores BitMine's substantial commitment to Ethereum. The company's consistent large-scale purchases indicate a strong confidence in the cryptocurrency's potential.