Bitmine Immersion Technologies (BMNR) announced on November 19, 2025, that it has retained legendary technical analyst Tom DeMark and DeMark Analytics as a strategic advisor. The move is intended to optimize the company's aggressive Ethereum acquisition strategy. DeMark's renowned indicators and analytical models will be used to guide the company's ongoing purchases. As the world's largest corporate holder of Ethereum, with over 2.9% of the network, Bitmine aims to increase its holdings to 5% of the total ETH supply. The company stated it is acquiring hundreds of millions of dollars worth of ETH weekly. Chairman Thomas Lee noted that DeMark's tools have been highly reliable for crypto markets and will benefit their large-scale purchasing. The strategy is backed by prominent investors such as ARK's Cathie Wood and Founders Fund.
Bitmine Taps Legendary Analyst Tom DeMark to Guide Ethereum Acquisition Strategy
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