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The Highest Pace Since December
The weekly purchase represents the highest pace of buys since December 15, 2025.
Bitmine now owns 4.12% of Ethereum’s total supply of 120.7 million, making the company 82% of the way to its goal of owning 5% of the total supply.
“We see growing signs that the ‘mini-crypto’ winter is coming to an end,” said Chairman Tom Lee.
“As downside tail risks for the U.S.-Iran war diminish, ETH has risen 41% from its early February lows,” he added.
ETH has outperformed the S&P 500 by 2,280 basis points since the war started and remains the single best performing asset in the world beside crude oil prices according to Lee.
The Staking Revenue Engine
Bitmine…
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