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BMNR Stock: Tom Lee Says BitMine Does Not Need to Sell Ethereum

Coinpedia·August 31, 2026·1 min read
BMNR Stock: Tom Lee Says BitMine Does Not Need to Sell Ethereum

Tom Lee says BitMine does not need to sell its core Ethereum holdings because staking rewards generate cash flow covering preferred stock dividends. The company focuses on making ETH productive, and if it reaches its 5% ownership target, it could sell staking rewards instead of adding more ETH.

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