Cryptocurrency27 Apr 2026SEO 801 min read

Analysis: Bitmine buys $236 million in ether as Tom Lee touts ETH as 'wartime store of va…

The firm has bought more than 5 million in ETH in just 10 months while most digital asset treasury companies have stopped accumulating. Ether treasury firm Bit…

The firm has bought more than 5 million in ETH in just 10 months while most digital asset treasury companies have stopped accumulating. Ether treasury firm Bitmine bought 101,901 ETH last week, worth roughly $236 million at current prices, pushing its holdings above 5 million tokens. The firm now owns 4.21% of ether's total supply, extending its lead as the largest known ether treasury. It also staked over 3.7 million ETH, generating about $264 million in annualized revenue from yield. Bit…

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AnalysisBitminebuys236millionetherTomLee