đșđž BitMine Adds 12,535 ETH to Treasury as Tom Lee Cites Macro and Tech Headwinds
- BitMine Immersion Technologies reported a decrease in its crypto, cash, and equity holdings to $15.1 billion, primarily due to a drop in Ethereum prices.
- The company acquired 12,535 ETH over the week, bringing its total to 6,041,481 tokens, which is 4.9% of the total ETH supply, slightly below its 5% target.
- Chairman Tom Lee highlighted macroeconomic concerns, including a selloff in AI stocks and geopolitical tensions, which he believes are impacting investor risk appetite and consequently affecting the crypto market.
Nguá»n: CryptoPotato
đ Cáșp nháșt bá»i GemCrypto
$ETH
#Ethereum #Crypto
- BitMine Immersion Technologies reported a decrease in its crypto, cash, and equity holdings to $15.1 billion, primarily due to a drop in Ethereum prices.
- The company acquired 12,535 ETH over the week, bringing its total to 6,041,481 tokens, which is 4.9% of the total ETH supply, slightly below its 5% target.
- Chairman Tom Lee highlighted macroeconomic concerns, including a selloff in AI stocks and geopolitical tensions, which he believes are impacting investor risk appetite and consequently affecting the crypto market.
Nguá»n: CryptoPotato
đ Cáșp nháșt bá»i GemCrypto
$ETH
#Ethereum #Crypto