Tom Lee's Bitmine Immersion added Ethereum.

Bitmine Immersion Increased Ethereum Holdings

Bitmine Immersion Technologies announced that it added 40,613 Ethereum tokens during the price drop experienced last week. The company stated that it currently holds a total of 10 billion dollars in cryptocurrencies, stocks, and cash.

Due to the Ethereum purchases, Bitmine is estimated to be facing a loss of 7.8 billion dollars. It was reported that these purchases were made at an average price of 3,826 dollars per token.