World · Institutional · Global ·
Bitmine adds 9,926 ETH, ownership stake climbs to 4.8% of Ethereum supply
Bitmine, the cryptocurrency treasury company led by Tom Lee, purchased another 9,926 Ethereum last week, extending a sustained buying streak that began in June 2025 and bringing total holdings to 4.8% of Ethereum's circulating supply.
Why it matters for the crypto market
This shows a major institutional investor deploying capital continuously into Ethereum through volatility, signaling institutional conviction in the asset despite price moves.
Source: coindesk.com
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