Bitmine Buys $238M in Ether as Tom Lee Declares Crypto Spring Has Begun
Bitmine added 101,745 ether last week, pushing its treasury to 5.18 million ETH. Chairman Tom Lee says crypto spring has started despite bearish sentiment.
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Bitmine added 101,745 ether last week, pushing its treasury to 5.18 million ETH. Chairman Tom Lee says crypto spring has started despite bearish sentiment.
The Ethereum Foundation sold 10,000 ETH to Tom Lee's BitMine at $2,292.15 per token, raising roughly $22.9M to fund core operations and ecosystem grants.
Bitmine's $234M ether purchase last week was its biggest of 2026, pushing its weekly crypto buying pace close to Strategy's regular bitcoin accumulation
Bitmine's largest ETH purchase of 2026 pushes its holdings to 4.97 million tokens as Chairman Tom Lee argues the crypto winter is nearly over based on
Bitcoin touched $75,229 as the Nasdaq hit a record 24,016 and the S&P 500 reached 7,022, driven by tech sector gains and easing geopolitical tensions.
Bitmine chairman Tom Lee told Paris Blockchain Week the recent crypto slump is ending and Ether could climb above $60,000, despite Bitmine posting a
Bitmine Immersion Technologies uplisted to the NYSE and expanded its share buyback to $4 billion, signaling a new compliance benchmark for crypto treasury
Bitmine, led by Tom Lee, purchased 71,252 ETH in a single week, its biggest accumulation since December, as Lee cited Ethereum's 6.8% gain over the S&P
BitMine bought 71,179 ETH last week, its biggest single-week purchase of 2026, lifting total holdings to 4.73 million ETH as Strategy ended its bitcoin
Fundstrat's Tom Lee draws parallels between Ethereum's current pattern and major S&P 500 recoveries, suggesting institutional exhaustion may signal