Update
Bitmine Adds Ethereum to Treasury
Bitmine Immersion Technologies, a NYSE-listed company, added 9,587 ETH worth approximately $20 million to its Ethereum holdings. Chairman Tom Lee highlighted a recent declaration by Ethereum co-founder Vitalik Buterin, stating that 'ETH is money,' as validation for the firm's accumulation strategy. As of November 8, Bitmine's holdings reached 6,070,092 ETH, representing 4.97% of Ethereum's supply and 99% of its 'Alchemy of 5%' goal.