BitMine Ramps up Ethereum Buying With New $60 Million Purchase

BitMine is intensifying its aggressive accumulation of Ethereum, looking past a 47% collapse in its stock price and billions in unrealized losses. On November 23, blockchain platform Lookonchain reported that a wallet linked to the corporate giant received 21,537 ETH. The transfer, valued at approximately $60 million, came from institutional prime broker FalconX. BitMine Doubles Down on Ethereum With Staking Plan This new purchase would bring BitMine’s total hoard to over 3 source: https://beincrypto.com/bitmine-ethereum-purchase-despite-billions-in-losses/