Bitmine Boosts Ether Holdings as Tom Lee Blames AI Fears for Crypto Dip

Bitmine Immersion Technologies added another 12,535 ether to its corporate treasury, extending its uninterrupted weekly buying streak. The company now holds 6,041,481 ETH, approaching its goal of controlling 5% of Ethereum's total supply. Fundstrat co-founder Tom Lee chairs Bitmine, which announced the purchase on Monday.