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Bitmine (BMNR) Stock: Tom Lee Sees More ETH Upside as Firm Closes In on 5% Supply

CoinCentral·September 14, 2026·1 min read
Bitmine (BMNR) Stock: Tom Lee Sees More ETH Upside as Firm Closes In on 5% Supply

Bitmine bought 27,180 ETH last week worth about $68 million, raising total holdings to 5.96 million ETH, now 4.9% of supply. Chairman Tom Lee says the ETH-BTC ratio hit its highest since January 30. The firm needs 144,000 more ETH to reach 5%.

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