Bitmine Immersion Technologies said its ether holdings reached 4.87 million ETH worth $10.7 billion. The company said that level puts it 81% of the way to its target of owning 5% of Ethereum's supply. Bitmine said it bought 71,524 ETH last week and has kept an elevated purchase pace for four straight weeks. Chairman Tom Lee called ether "the wartime store of value."
