Tom Lee’s BitMine Slows Ethereum Buying Pace, Adding $62 Million in ETH – Decrypt

May 12, 2026 - 03:30
Tom Lee’s BitMine Slows Ethereum Buying Pace, Adding $62 Million in ETH – Decrypt
In brief BitMine added 26,659 ETH or about $62 million worth last week, decreasing its previous pace of ETH purchases. The firm now holds more than 5.2 million ETH, valued around $12.1 billion. Shares in the firm have fallen more than 43% in the last six months. Publicly traded Ethereum treasury firm BitMine Immersion Technologies...

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