Bitmine Buys $20M in ETH as Tom Lee Hails Vitalik Buterin’s Store-of-Value Shift
Bitmine Immersion Technologies has purchased another 9,587 ether (ETH), bringing its holdings to 6.07 million tokens and pushing the company closer to its goal of owning 5% of Ethereum’s total supply. Chairman Tom Lee al...
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Tom Lee’s Bitmine Adds $20M in Ethereum, Seizing on Vitalik’s 'ETH Is Money' Declaration
The firm’s stash reached 6.07 million ETH—4.97% of supply and 99% of the way to its “Alchemy of...
Related market context
Bitmine Gets Within About 40,000 ETH of Tom Lee’s 5% Target After Another Week of Buying
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Vitalik Buterin wants ETH to be a store of value, not a fee-burning token
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Tom Lee’s Bitmine nears 5% Ethereum supply target with $20 million ETH buy as he predicts tokenization and AI ‘supercycle’
Bitmine bought another 9,587 ETH last week, closing in on its target of 5% of Ethereum's circulating supply.