Tom Lee's BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply

CoinDesk·

Tom Lee's BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply

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Tom Lee's BitMine holdings have risen to 5.77 million ETH tokens, accounting for 4.8% of the total supply, as the company expands its ETH treasury. Chairman Tom Lee highlights Robinhood Chain's rapid growth on Ethereum, potentially driving adoption and demand for the cryptocurrency. This development may bolster Ethereum's market value and influence its price trajectory.

The company expanded its ETH treasury while Chairman Tom Lee pointed to Robinhood Chain's rapid growth on Ethereum.