Bitmine, the crypto mining entity associated with Fundstrat’s Tom Lee, has purchased an additional 12,500 ETH valued at approximately $33.65 million. The transaction was executed through custodian BitGo just hours ago, marking another significant accumulation of Ethereum by the firm.
This latest acquisition adds to Bitmine's growing Ethereum treasury and underscores continued institutional interest in holding ETH as a strategic reserve asset. The purchase highlights ongoing capital deployment into Ethereum infrastructure by prominent market participants.
Tom Lee’s Bitmine Acquires 12,500 ETH Worth $33.65 Million
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