TOM LEE
4 STORIESNEWS11D
Bitmine’s ETH Buying Slows as Tom Lee Points to Macro Tailwinds for CryptoBitmine bought 7,391 ETH last week, its smallest weekly Ethereum purchase of the year, while increasing attention on share repurchases. Chairman Tom Lee said softer inflation and jobs data could support crypto despite the CLARITY Act missing a Senate vote before the August recess.
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Bitmine Expands Ether Treasury as Strategy Sells BitcoinBitmine Immersion added 10,399 ether last week, extending its weekly buying streak under an Ethereum treasury strategy launched in June 2025. Chairman Tom Lee said ether’s July outperformance against the Nasdaq 100 points to strengthening crypto fundamentals, even as Strategy reduced its bitcoin holdings.
NEWS60D
Bitmine Adds $92 Million in ETH as Tom Lee Backs ‘Crypto Spring’Bitmine purchased $92 million worth of ether last week as it keeps moving toward its target of owning 5% of ETH supply. Chairman Thomas Lee says the company will continue accumulating into 2026, citing tokenization and AI as long-term demand drivers.
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Bitmine Buys 76,881 ETH as $274M Preferred Sale Expands TreasuryBitmine added 76,881 ETH last week, deepening its Ethereum treasury position after closing a $274 million preferred stock offering. Chairman Tom Lee said staking revenue helps support dividend payments on the new equity.