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BitMine acquires 27,084 Ethereum for $43M as Tom Lee’s firm pushes toward 5% supply target

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2 outlets - including Crypto and Cryptobriefing - are covering this story. Bitmine has increased its Ethereum holdings to more than 5.7 million ETH, bringing the company within reach of its stated goal of controlling 5% of the cryptocurrency’s circulating supply. According to a June 29 company announcement, the Et…

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Tom Lee pushes Bitmine closer to owning 5% of Ethereum supply
Crypto.news Jun 29, 14:46 UTC

Tom Lee pushes Bitmine closer to owning 5% of Ethereum supply

Bitmine has increased its Ethereum holdings to more than 5.7 million ETH, bringing the company within reach of its stated goal of controlling 5% of the cryptocurrency’s circulating supply. According to a June 29 company announcement, the Et…

Crypto Briefing Jun 29, 13:54 UTC

BitMine acquires 27,084 Ethereum for $43M as Tom Lee’s firm pushes toward 5% supply target

BitMine's aggressive Ethereum acquisition strategy highlights the growing institutional interest in crypto, potentially influencing market dynamics. The post BitMine acquires 27,084 Ethereum for $43M as Tom Lee’s firm pushes toward 5% suppl…