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.
Articles (3)
The Block·
Bitmine reports $6.3 billion net loss in latest fiscal year, driven by 44% ether decline
Decrypt·
Tom Lee’s Bitmine Adds $20M in Ethereum, Seizing on Vitalik’s 'ETH Is Money' Declaration
The Block·
Tom Lee’s Bitmine nears 5% Ethereum supply target with $20 million ETH buy as he predicts tokenization and AI ‘supercycle’