Ethereum
Tom Lee's Bitmine Buys $14M in Ethereum as Cash Falls to $104M
Decrypt·August 10, 2026·1 min read
Tom Lee's Bitmine purchased $14 million in Ethereum as its cash reserves fell to $104 million. Bitmine has reported holding 4.8% of the supply for five consecutive weeks. The company remains roughly 230,000 tokens away from its 'Alchemy of 5%' target.
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