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BULLISH 55 CryptoPotato 1H ago · 3 min read

BitMine’s ETH stash reaches 6.06 million as Tom Lee says bull market still alive

BitMine’s ETH stash reaches 6.06 million as Tom Lee says bull market still alive
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AI summary

BitMine's Ethereum holdings have reached 6.06 million ETH, cementing its position as one of the largest corporate ETH treasuries. Tom Lee, the firm's chairman, reaffirmed his view that the crypto bull market remains intact. The latest weekly purchase was smaller than prior buys, suggesting a slower accumulation pace, but the continued buying signals institutional conviction in ETH that traders may read as supportive for price.

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Narrative history
16 linked stories · 8 outlets · since 12 Oct
  1. 52M AGO
    Bitmine Slows to 8,573 ETH Buy as Tom Lee Downplays Binance Hack
    Unchained · Score 45 · via Bitmine, $15B
  2. 1H AGO
    You’re reading this
    BitMine’s ETH stash reaches 6.06 million as Tom Lee says bull market still alive
    CryptoPotato · Score 55
  3. 26 OCT · 17:13
    Bitmine buys 10,452 ETH but holdings value falls to $15 billion
    Unchained · Score 35 · via 10,452, 10,452 ETH
  4. 26 OCT · 16:05
    Tom Lee’s Bitmine favors share buybacks to ether purchases as crypto declines
    CoinDesk · Score 35 · via Bitmine, Lee
  5. 26 OCT · 14:12
    Tom Lee says crypto bull market underway as Bitmine adds 10,452 ETH
    The Block · Score 35 · via Lee bull, Lee
  6. 26 OCT · 13:50
    Bitmine adds 10,452 ETH as share buybacks approach $400M
    crypto.news · Score 55 · via 10,452, adds 10,452
  7. 23 OCT · 02:05
    Tom Lee: yields below 5% signal the AI selloff is nearly over
    BeInCrypto · Score 25 · via Tom, Lee
  8. 22 OCT · 12:30
    Tom Lee Says Bitmine Will Stop Buying ETH at 5% of Supply
    Bitcoin.com News · Score 45 · via Bitmine, 5% Supply
  9. 20 OCT · 05:14
    Tom Lee says chip selloff spillover into crypto is a buying opportunity
    BeInCrypto · Score 25 · via Lee, Tom
  10. 19 OCT · 17:55
    BitMine buys 12535 ETH as Tom Lee blames macro and tech headwinds
    CryptoPotato · Score 25 · via Lee, BitMine
  11. 19 OCT · 17:55
    Bitmine adds ether as Tom Lee pins crypto dip on AI fears
    Bitcoin.com News · Score 45 · via Bitmine, Bitmine adds
  12. 19 OCT · 15:13
    Bitmine adds $30 million in Ethereum as its buying nears the finish line
    Decrypt · Score 45 · via Bitmine adds, Bitmine
  13. 19 OCT · 13:36
    Bitmine buys 12535 ETH, lifting treasury to 6.04 million tokens
    The Block · Score 45 · via 12535, 12535 ETH
  14. 19 OCT · 05:55
    Tom Lee calls stock selloff a buying chance for crypto and chip stocks
    BeInCrypto · Score 25 · via Lee calls, Tom
  15. 12 OCT · 15:27
    Tom Lee predicts $2 trillion wealth transfer will drive crypto demand as Bitmine adds ether
    CoinDesk · Score 47 · via Bitmine adds, Bitmine
  16. 12 OCT · 13:43
    Bitmine buys 12532 ETH as Tom Lee calls coming crypto bull market the largest ever
    The Block · Score 47 · via Bitmine, Lee
  17. 12 OCT · 13:33
    Bitmine adds $32M in Ethereum as Tom Lee says firm nearly done stacking
    Decrypt · Score 42 · via Bitmine adds, Lee
Most read · 72h