Tom Lee Calls the Bottom: Why Bitmine Just Bought Another 61,000 ETH

The Tom Lee-chaired former Bitcoin mining giant has announced the acquisition of almost 61,000 ETH in the past week, which has pushed its total stash to nearly 4.6 million tokens. In addition, BitMine said it increased its investment in existing ‘moonshot’ exposures such as Eightco by an additional $80 million to support the latter’s $50 million purchase of OpenAI equity, making it the only publicly…