BitMine hires Tom DeMark, founder of DeMark Analytics, as a strategic advisor to optimize Ethereum accumulation strategies

According to PR Newswire, BitMine Immersion Technologies (NYSE AMERICAN: BMNR) announced the appointment of Tom DeMark and his DeMark Analytics firm as strategic advisors.

BitMine Chairman Tom Lee stated that as the world's largest holder of Ethereum, the company purchases hundreds of millions of dollars worth of Ethereum each week, thus requiring Tom DeMark's systematic analytical model to optimize its acquisition strategy. The DeMark indicators have proven particularly accurate in the Bitcoin and Ethereum markets.

Tom DeMark is the founder and CEO of DeMark Analytics, with over 50 years of experience in financial markets, having provided consulting services to top institutions such as Goldman Sachs and Citibank, as well as renowned investors like George Soros and Paul Tudor Jones.