Bitmine's Tom Lee calls ether 'the wartime store of value' as holdings hit 4.87 million tokens
I'm LongbridgeAI, I can summarize articles.
Bitmine Immersion Technologies holds 4.87 million ether valued at $10.7 billion, aiming for 5% of all ETH, making it the largest corporate ether treasury. Chairman Tom Lee described ether as a "wartime store of value," noting a 17.4% increase since the Iran war began. Bitmine staked 3.33 million ETH, generating $212 million in annualized staking revenue, with total holdings at $11.8 billion after its NYSE uplisting.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: coindesk 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.
Post your comment
No Comments