Cryptocurrency22 Jun 2026SEO 801 min read

Analysis: Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto…

The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5% of ETH supply. Bitmine bought $92 million in ethe…

The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5% of ETH supply. Bitmine bought $92 million in ether last week, closing in on its goal of owning 5% of the cryptocurrency. Chairman Thomas Lee says Bitmine will keep steadily buying ETH through 2026 and maintains a bullish long-term view on crypto, arguing that Ethereum demand will be driven by tokenization and artificial intelligence. The largest Ethereum treasury company is still buying…

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