Bitmine added $92 million of ETH, with Tom Lee continuing to believe in ‘crypto spring’
The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5% of ETH supply.
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Summary
- Bitmine bought $92 million in ether last week, closing in on its goal of owning 5% of the cryptocurrency.
- Chairman Thomas Lee says Bitmine will keep steadily buying ETH through 2026 and maintains a bullish long-term view on crypto, arguing that Ethereum demand will be driven by tokenization and artificial intelligence.
