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Bitmine Buys More Ethereum as Tom Lee Calls the Binance Hack Bullish

Decrypt·November 2, 2026·1 min read
Bitmine Buys More Ethereum as Tom Lee Calls the Binance Hack Bullish

Bitmine bought more Ethereum as Tom Lee called the Binance hack bullish. The chairman cited six reasons the market's muted 4% ETH drop after the record theft shows crypto is increasingly resilient. Bitmine's stash neared its 5% supply goal, signaling continued institutional accumulation.

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