Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target

Bitmine has acquired an additional $41 million worth of Ethereum, bringing its total holdings past 6 million ETH—representing 4.9% of the supply and marking 99% progress toward its 'Alchemy of 5%' target. Bitmine chairman Tom Lee stated that Ethereum is 'dwarfing' other macro assets.

Sources

• Decrypt — Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target

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