Tom Lee’s Bitmine Nears 5% of Ether Supply With $41M ETH Buy
Publicly traded ether treasury firm Bitmine Immersion Technologies announced Monday that it has edged closer to its stated goal of obtaining 5% of the circulating ETH supply, adding about $41 million worth of the cryptoc...
High signal
Published in the last two hours. 3 independent sources are tracking the same story.
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.
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Tom Lee’s Bitmine Slows Ether Buying for a Second Straight Week, Adding 15,112 ETH
Bitmine Immersion Technologies bought 15,112 ETH in the week through Oct. 4, the Ethereum treas...
Tom Lee says ether ‘dwarfing other macro assets’ as Bitmine adds 15,112 ETH
Bitmine added 15,112 ETH as Chairman Tom Lee said Ethereum outperformed the S&P 500 by 6,832 ba...
Related market context
Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target
The purchase lifts Bitmine's stash past 6 million ETH—4.9% of supply and 99% of the way to its "Alchemy of 5%" goal—as chairman To...
Bitmine acquires 15,112 Ethereum, raising total to 6.02M ETH
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