Bitmine's ETH holdings exceed 833,000, worth nearly US$3 billion

According to Foresight News, Tom Lee's BitMine Immersion Technologies (NYSE: BMNR) announced that it currently holds more than 833,000 Ethereum coins, with a total value of approximately US$2.9 billion, becoming the world's largest ETH reserve entity. BMNR has accelerated its position building in the past 35 days with the goal of hoarding 5% of ETH circulation and earning income through pledge. Investors behind BitMine include Bill Miller III, Cathie Wood and Peter Thiel's Founders Fund.

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