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Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack

Bitcoin.com News·November 2, 2026·1 min read
Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack

Bitmine Immersion Technologies has moved closer to owning 5% of ether’s total supply, while Chairman Tom Lee downplays the impact of the $6.3 billion Binance hack, arguing the market’s muted response shows growing resilience. The company announced Monday it purchased more ether.

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