Tom Lee's BitMine Snaps Up Another $100M in ETH
BitMine disclosed that it had acquired another 32,977 ETH in its latest weekly purchase, further extending its lead as the largest Ethereum treasury company. The buy lifted its total ETH holdings above 4.14 million.
What’s the Scoop?
- Latest Purchase: BitMine bought 32,977 ETH since its previous update, a position worth roughly $105 million at current prices.
- Total ETH Stack: The company now held 4,143,502 ETH, valued at around $13 billion, representing about 3.43% of Ethereum’s circulating supply.
- Staked ETH: BitMine reported 659,219 ETH staked, an increase of more than 250,000 ETH over the past week.