Peter Thiel-Backed BitMine Gobbles Up More Ethereum, Hits $1B in ETH Holdings
In brief BitMine Immersion, which trades on the New York Stock Exchange, has bought even more Ethereum. The company is aiming to acquire and stake 5% of the ETH supply. BitMine’s stock has been volatile since it announced its ETH treasury strategy. Peter Thiel-backed BitMine Immersion now has over $1 billion worth of Ethereum after…