Finance2 sources

Tom Lee's Bitmine Acquires $20M in Ethereum, Approaching 5% Supply Goal

  • Tom Lee's Bitmine has acquired an additional $20 million worth of Ethereum, increasing its holdings.
  • The firm now holds 6.07 million ETH, representing 4.97% of the total Ethereum supply.
  • Bitmine is 99% of the way to its goal of holding 5% of the Ethereum supply.
  • Tom Lee views Vitalik Buterin's 'ETH is money' declaration as a significant development.
  • Bitmine purchased 9,587 ETH last week, bringing it closer to its target.
Tom Lee's Bitmine Acquires $20M in Ethereum, Approaching 5% Supply Goal | Split Angle