BitMine Bleeds $6 Billion: Has Tom Lee’s Ethereum Supercycle Bet Turned Fatal?
As the Ethereum (ETH) worth reels from a pointy sell-off, few names have drawn extra consideration than BitMine Immersion Technologies (BMNR), the general public firm chaired by Fundstrat’s Tom Lee. Once a modest crypto-mining {hardware} agency, BitMine reinvented itself as the most important company holder of Ethereum, amassing roughly 4.24 million ETH, or about 3.5%…
