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Tom Lee’s Bitmine Buys $145M ETH as Strategy Adds $76M Bitcoin


Tom Lee’s Bitmine Buys $145M ETH as Strategy Adds $76M Bitcoin

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  • Bitmine deployed $145 million into ETH in a single move.
  • Bitmine’s buyoutpaced Strategy’s latest $76.5 million BTC buy.
  • Short-term flows favor ETH, while long-term firepower still sits with Bitcoin.

Bitmine Immersion Technologies has added another 67,111 ETH worth roughly $145 million on March 24, extending an aggressive three-week accumulation streak. The buy was executed via Kraken-linked flows across two wallets.

The move comes days after Strategy disclosed a $76.5 million purchase of 1,031 BTC, putting Ethereum treasury flows ahead of Bitcoin on a short-term basis.

ETH Treasury Expansion Accelerates

Bitmine now holds 4.66 million ETH, valued at roughly $10 billion. This equals 3.86% of Ethereum’s circulating supply. The firm added 65,341 ETH between March 16 and March 22, then followed with another 67,111 ETH purchase immediately after.

The pace …

Read The Full Article Tom Lee’s Bitmine Buys $145M ETH as Strategy Adds $76M Bitcoin On Coin Edition.

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$ 64.09K

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