Bitmine crossed that line a while ago. The Tom Lee-backed firm has just added another 76,881 ETH to its already enormous Ethereum treasury. Thereby, spending approximately $135.6 million on the purchase last week and it is doing so while sitting on an unrealized loss that would make most institutional investors reach for the exit. Bitmine is not reaching for the exit. It is reaching for more ETH. Bitmine Ethereum Treasury Now Stands at 5.62 million ETH The latest purchase pushes Bitmine’s total Ethereum holdings to 5,620,754 ETH, a figure that places the company among the largest institutional Ethereum holders in
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