Tom Lee's Bitmine Adds $74M in Ethereum, Declares a Crypto Bull Market 'Underway'
Bitmine, led by chairman Tom Lee, has added $74 million worth of Ethereum to its holdings, bringing its total stash to nearly 5.99 million ETH—4.9% of the supply. Lee argues this purchase signals a stronger crypto bull market as institutions remain underweight in Ethereum.
Bitmine, led by chairman Tom Lee, has added $74 million worth of Ethereum to its holdings, bringing its total stash to nearly 5.99 million ETH—4.9% of the supply. Lee argues this purchase signals a stronger crypto bull market as institutions remain underweight in Ethereum.
Sources
- Decrypt — Tom Lee's Bitmine Adds $74M in Ethereum, Declares a Crypto Bull Market 'Underway'
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