Skip to content
Search stories
+6 Cryptopulse 6 of 100, Balanced.
Sign in
← Back to feed

Bitmine Boosts Ether Holdings as Tom Lee Blames AI Fears for Crypto Dip

Bitmine Immersion Technologies has added another 12,535 ether to its corporate treasury, extending its uninterrupted weekly buying streak as the company approaches its ambitious goal of controlling 5% of Ethereum’s total supply. Bitmine Inches Closer to 5% ETH Supply Target Bitmine, chaired by Fundstrat co-founder Tom Lee, announced Monday that it now holds 6,041,481 ETH, […]

Bitmine Boosts Ether Holdings as Tom Lee Blames AI Fears for Crypto Dip
Bitcoin.com News
AI summary

Bitmine Immersion Technologies added 12,535 ether to its treasury, bringing its total holdings to 6,041,481 ETH as it pursues a goal of controlling 5% of Ethereum's total supply. The purchase extends an uninterrupted weekly buying streak, signaling sustained corporate accumulation. Traders may read the steady institutional demand as a modest tailwind for ETH, though Tom Lee attributed the broader crypto dip to AI-related fears rather than fundamentals.

Narrative history
9 linked stories · 6 outlets · since 21 Sep
  1. 54M AGO
  2. 54M AGO
    You’re reading this
    Bitmine Boosts Ether Holdings as Tom Lee Blames AI Fears for Crypto Dip
    Bitcoin.com News · Score 45
  3. 3H AGO
  4. 5H AGO
    The Block · Score 45 · via Bitmine, Bitmine adds
  5. 12H AGO
  6. 14 OCT · 11:29
  7. 13 OCT · 10:16
    CryptoPotato · Score 35 · via Lee Warns, KOSPI
  8. 12 OCT · 13:43
  9. 12 OCT · 13:33
  10. 21 SEP · 13:14
Latest across the feed