BlockBeats News, on August 12, according to Ark Invest Daily, Tom Lee joined BitMine as chairman on June 30, when the ETH price was around $2,500. Now ETH has risen to $4,300, an increase of 71% since June 30.
It is reported that since Tom Lee joined, BitMine's strategic focus has shifted to building the world's largest Ethereum treasury company, and plans to acquire 5% of the total ETH supply. Currently, its ETH holdings amount to 1.15 million coins, valued at approximately $4.96 billion.
