CoinDesk·3 min read·medium
Tom Lee's Bitmine now owns 4.8% of Ethereum supply after latest ETH purchase
H
Helene Braun
✦AI Summary
Bitmine, led by Tom Lee, has increased its Ethereum holdings to 4.8% of the total supply following a series of weekly purchases. The company remains optimistic about Ethereum's growth, citing potential demand from AI and tokenization applications.
In an announcement Monday, the company led by Chairman Tom Lee said it bought another 9,926 ETH last week, continuing its streak of weekly buys that began in June 2025 when the company launched.
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