May 04, 2026
Tom Lee Declares Crypto Spring as Bitmine Buys $238M ETH
TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The company now holds roughly 4.29% of Ethereum’s outstanding supply and maintains total crypto and cash assets of $13.1 billion. Bitmine has pledged more than 4.36 million ETH to staking operations and generates about $297 million [...]
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