Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring'
The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5% of ETH supply.
Watchlist
Fresh in the current trading session. The story has cross-source confirmation.
Why this matters
Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskSame story, other sources
Cross-source coverage
2 sources
Tom Lee says ‘best years for crypto remain ahead’ as Bitmine buys another 52,203 ETH
Bitmine added 52,203 ETH, lifting holdings to 5.67 million ETH as Tom Lee reiterated long-term...
Related market context
Tom Lee’s BitMine Adds $92 Million in Ethereum, Hits 4.7% of Total Supply
The leading Ethereum treasury firm inched closer to its goal of accumulating 5% of the ETH circulating supply.
Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC
Bitcoin Magazine Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC Strive, Inc. (Nasdaq: ASST) disclosed...
ETH stakers could see rewards cut as Ethereum fights to fund its future
Ethereum core contributors are debating a structural overhaul that could redirect Ethereum staking rewards toward ecosystem develo...
A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum
A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, so...
Saylor Says Strategy Added More Than 716,000 BTC Since 2022 Balance Sheet Stress
Michael Saylor has returned to one of the most dramatic periods in Strategy’s Bitcoin bet, contrasting the company’s 2022 balance...
Kleros Founder’s ETH Tax Proposal Puts Bitmine’s $258M Revenue at Risk
A tax proposal posted to the Ethereum Research forum by Kleros founder Clément Lesaege would let ETH validators vote to redirect u...