Bitmine Adds 15,112 ETH As Tom Lee Praises Asset
Bitmine added 15,112 ETH to its holdings as Chairman Tom Lee highlighted Ethereum's strong macro performance.
Bitmine has added 15,112 ether to its holdings, according to a report by TheBlock. The purchase comes alongside remarks from Bitmine Chairman Tom Lee, who stated that Ethereum is dwarfing other macro assets.
Performance Outperformance
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According to Lee, Ethereum outperformed the S&P 500 index by 6,832 basis points during the third quarter. The significant outperformance highlights the asset's recent strength compared to traditional equity benchmarks.
Key facts
- Bitmine added 15,112 ETH to its holdings.
- Chairman Tom Lee stated ether is dwarfing other macro assets.
- Ethereum outperformed the S&P 500 by 6,832 basis points in Q3.
Source: theblock.co
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