Topic
tom-lee
5 stories
Bitmine adds another $75M in ether, closing on its 5% supply goal as Tom Lee talks up a Q4 institutional rush
Bitmine bought 27,562 ETH last week, lifting its holdings to about 5.98 million ether — roughly 4.9% of supply — as chairman Tom Lee declared a crypto bull market underway and predicted an institutional buying surge in Q4.
BitMine reported to have added $19 million in ether, with the 5%-of-supply claim resting on a single secondary report
Decrypt reports that Tom Lee's BitMine bought another $19 million of ether, lifting its stash toward 5% of total supply — a claim that arrives without a company filing or wallet data to check it against.
BitMine adds $14M of ether as its cash falls to $104M, per Decrypt
Decrypt reports that Tom Lee's BitMine bought $14 million of ether while its cash position fell to $104 million, a purchase small enough to raise questions about remaining dry powder.
Onchain trackers say Bitmine bought another $70M in ETH; the company hasn't confirmed it
Onchain analyst Lookonchain says Tom Lee's Bitmine bought 40,000 ETH (about $70 million) on Tuesday; the company has not confirmed the purchase, which would edge its holdings toward a 5% supply target.
BitMine's ether pile nears 5% of all ETH as Tom Lee pins the rally on a 50/50 regulatory bet
BitMine bought about 42,197 ether for roughly $73–74 million last week, pushing its treasury to 5.74 million ETH — near 5% of all Ethereum — as chairman Tom Lee credited a coin-flip Clarity Act bet for ether's relative strength.