The company made significant investments in the cryptocurrency, ether, after it outperformed the Nasdaq index in July. According to Chairman Tom Lee, this performance indicates strengthening crypto fundamentals.
Source
"Tom Lee's Bitmine Invests Heavily in Ether" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
ETH · 7D · $1,866−3.1%