The Ethereum treasury firm led by Thomas Lee now has increased its buying pace for three consecutive weeks even as unrealized losses mount. Bitmine (BMNR) bought 65,341 ETH last week worth about $138 million at current prices as the firm doubled down on its crypto purchase strategy. The firm now holds more than 4.66 million tokens, while it also increased its cash reserves to $1.1 billion. Chairman Thomas Lee said ETH is in the final stages of a "mini-crypto winter" and that the broader crypto…
Why this update matters
This developing story is relevant for readers tracking cryptocurrency because it reflects fresh changes from the original source and signals where attention is shifting next.
Key details
The report was collected automatically and prepared for publication with a newsroom workflow that focuses on clarity, search visibility, and quick understanding.
Readers should review the original source for direct statements, official notices, and any later corrections or additions as the story evolves.
Related coverage
Continue reading with more reporting from the same topic cluster.