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Benzinga
Benzinga
Business
Surbhi Jain

Bitmine Plans $20 Billion Ethereum Blitz — Could ETH Hit $15,000?

BitMine Ethereum BitMine Immersion Technologies Inc Cathie Wood Peter Thiel Tom Lee Crypto
Mining,Crypto,Currency,-,Ethereum.,Online,Money,Coin,In,The

Ethereum's (CRYPTO: ETH) next moonshot might be brewing — and it's not coming from a meme coin army, but from Bitmine Immersion Technologies Inc's (NYSE:BMNR) boardroom.

The Cathie Wood, Peter Thiel and Tom Lee backed crypto infrastructure company is reportedly planning to raise a staggering $20 billion for one purpose: to buy ETH.

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