Bitmine Buys 28,086 ETH for $69.5 Million: Is $27 Next for BMNR?
Bitmine buys $69.5M in Ethereum, lifting holdings to 5.93M ETH as Tom Lee and Tom DeMark forecast a sharp move higher.
Bitmine spent $69.5 million to buy more Ethereum, a digital money that some experts think might go up in price soon. When a big company buys a lot of something, it can show they believe in it, but prices can still move in any direction.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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