Short News
  • Sohrab Khawas
    author-profile
    Sohrab Khawas right arrow
    Author

    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

    • author twitter
    • linkedin
  • Less than a minute

Bitmine Immersion Buys 71,252 Ethereum

Tom Lee’s Bitmine Immersion bought 71,252 Ethereum, increasing total holdings to 4,803,334 ETH, roughly 3.98 percent of the circulating supply. The firm’s combined crypto and cash portfolio is valued at $11.4 billion, including $8.64 billion in ETH, $864 million in cash, and other assets. Of its Ethereum, 3,334,637 ETH worth $7.1 billion is staked, highlighting a strategy that blends long-term accumulation with active network participation to earn yield and strengthen influence in the Ethereum ecosystem.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Show More
Back to top button