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Ethereum The Block

Tom Lee’s Bitmine buys $41 million worth of ETH, continuing aggressive treasury expansion: onchain data

The firm continues to buy ETH at an accelerated pace despite a reported paper loss of nearly $10 billion on its holdings.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tom Lee’s Bitmine buys $41 million worth of ETH, continuing aggressive treasury expansion: onchain data

The firm continues to buy ETH at an accelerated pace despite a reported paper loss of nearly $10 billion on its holdings.

Why this matters

Ethereum is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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