Tom Lee’s Bitmine tops 6 million ETH after buying another 17,362 ether
60-second summary
Bitmine now holds over 6 million ETH after purchasing 17,362 ether in the latest buy‑back. Its total crypto, cash and other investments total $17.2 billion, giving the firm about 4.9% of ether’s circulating supply. The move signals strong confidence in Ethereum’s upward price trajectory and could push ETH higher as institutional demand intensifies across the crypto market.
Bitmine's total crypto, cash and other investments currently stand at $17.2B, and the company owns over 4.9% of ether's circulating supply.