Bitmine Buys $20M in ETH as Tom Lee Hails Vitalik Buterin’s Store-of-Value Shift

Bitmine Immersion Technologies bought another 9,587 ETH, taking its holdings to 6.07 million tokens as it works toward owning 5% of Ethereum's total supply. Chairman Tom Lee also endorsed Vitalik Buterin's recent framing of ETH as a store of value. The steady accumulation by a public company plus support from a prominent figure for the store-of-value narrative gives ETH holders a demand and sentiment signal to watch.