Svmuu: Bitmine Chairman Tom Lee stated that Bitmine purchased 26,659 ETH last week. Although this buying pace has slowed from the previous weekly rate of over 100,000 ETH, the company still plans to hold 5% of Ethereum's circulating supply by the end of 2026. Currently, the company's total staked Ethereum exceeds 4.7 million ETH, with expected annual rewards of approximately $352 million after all is staked.
Tom Lee believes that if Ethereum's closing price exceeds $2,100 by the end of May, it will confirm that a "crypto spring" has arrived.
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Bitmine plans to hold 5% of Ethereum's supply by the end of 2026
svmuu.com12/05/2026 00:17
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