Bitmine Buys Another 10,000 EthereumBitmine Immersion Technologies (NYSE: $BMNR) purchased another 10,000 Ethereum (CRYPTO: $ETH) over the past week. Bitmine Chairman Tom Lee said on social media that despite the depressed price, Ethereum has been outperforming Bitcoin (CRYPTO: $BTC) lately, which is a bullish sign. More From Cryptoprowl:Bitmine, which is the largest Ethereum treasury company, bought 9,946 ETH worth $19.4 million U.S. over the past week. The latest purchase lifted Bitmine's total holdings of Ethereum to 5,787,414 tokens worth $11.2 billion U.S., or about 4.8% of the cryptocurrency's circulating supply. Bitmine has a stated goal to acquire 5% of Ethereum's circulating supply, putting it within reach of its target.