$BitMine Immersion Tech(BMNR.US) BitMine Stakes $5.6B in Ethereum Amid ETH Supply Crunch
Tom Lee’s BitMine Immersion continues its aggressive Ethereum accumulation strategy, while allocating a portion of its portfolio to staking. Earlier today, the largest Ether treasury company staked a massive 86,848 tokens, further bolstering its long-term ETH exposure.
While the institutional accumulation of ETH intensifies, the altcoin is facing a significant shortage on exchanges. With the exchange balance thinning and BitMine exploring staking, the future of Ethereum remains promising.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
