Ξ Bitmine Approaches Final Purchase of 100k ETH Before Ending Accumulation
🐋 Bitmine, according to Tom Lee, already holds about 6.016 million ETH valued at $15.5 billion, equivalent to approximately 4.9% of Ethereum’s circulating supply. The company has been buying ETH weekly since the launch of its treasury strategy in June 2025 and is close to reaching its 5% target.
💰 Bitmine also keeps about $643 million in cash and marketable securities—enough to fund the remaining purchases needed to hit the goal. However, the company has accumulated approximately $4.5 billion in unrealized losses in ETH, and Lee says Bitmine will stop buying once it reaches 5%.
🫵🏻Are you already positioned or waiting for the correction?💰$ETH 💎
🐋 Bitmine, according to Tom Lee, already holds about 6.016 million ETH valued at $15.5 billion, equivalent to approximately 4.9% of Ethereum’s circulating supply. The company has been buying ETH weekly since the launch of its treasury strategy in June 2025 and is close to reaching its 5% target.
💰 Bitmine also keeps about $643 million in cash and marketable securities—enough to fund the remaining purchases needed to hit the goal. However, the company has accumulated approximately $4.5 billion in unrealized losses in ETH, and Lee says Bitmine will stop buying once it reaches 5%.
🫵🏻Are you already positioned or waiting for the correction?💰$ETH 💎