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Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'

Decrypt·October 12, 2026·1 min read
Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'

Bitmine added $32 million in Ethereum, bringing its treasury to 6.03 million ETH, or 4.9% of total supply. Tom Lee said the firm is nearly 'done stacking' and predicted the biggest crypto bull market yet. The accumulation underscores growing institutional confidence in Ethereum as a treasury asset.

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