BitMine appoints DeMark Analytics founder Tom DeMark as strategic advisor to optimize Ethereum accumulation strategy

ChainCatcher news, according to PR Newswire, BitMine Immersion Technologies (NYSE AMERICAN: BMNR) has announced the appointment of Tom DeMark and his company DeMark Analytics as strategic advisors.

Tom Lee, Chairman of BitMine, stated that as the world's largest Ethereum holder, the company purchases hundreds of millions of dollars worth of Ethereum every week, and therefore requires Tom DeMark's systematic analytical models 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. He has provided consulting services to top institutions such as Goldman Sachs, Citibank, as well as renowned investors including George Soros and Paul Tudor Jones.