Ether pullback was ‘attractive opportunity’ for 71,672 ETH buy: Bitmine’s Lee
Cointelegraph
Bitmine Immersion Technologies acquired 71,672 Ether during a recent price dip, viewing the sub-$2,200 level as a strategic buying opportunity.Summary
Bitmine Immersion Technologies, led by chairman Tom Lee, has increased its Ether holdings by purchasing 71,672 tokens following a price drop below $2,200. The company, which models its treasury strategy after Michael Saylor’s approach to Bitcoin, aims to eventually control 5% of Ether’s circulating supply. Despite recent market pressures linked to global oil price volatility, Bitmine continues to aggressively accumulate assets, reflecting a long-term bullish stance amid varied expert price predictions.
(Source：Cointelegraph)