Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line

The purchase lifts Bitmine’s stash to 6.04 million ETH—4.9% of supply and 99% of the way to its “Alchemy of 5%” goal—as chairman Tom Lee framed a market-wide selloff as an attractive entry point.

By Decrypt Agent

Image accompanying: Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line

Bitmine added $30 million in Ethereum, lifting its holdings to 6.04 million ETH, according to the supplied material. That stash represents 4.9% of Ethereum’s supply and puts the company 99% of the way toward its “Alchemy of 5%” goal.

Chairman Tom Lee framed a market-wide selloff as an attractive entry point, the material states.

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