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Updated August 31, 2026 at 04:41 PMCoinCex editorial review

Tom Lee’s Bitmine Buys 53,501 ETH as Ethereum’s Price Fights for $2,500

#Crypto News Altcoin Treasuries Bitmine Ethereum (ETH)

On Monday, the publicly traded firm Bitmine Immersion Technologies announced that it has pushed its ethereum treasury holdings to 5.90 million ETH, putting Tom Lee’s digital asset treasury (DAT) heavyweight within striking distance of controlling 5% of the network’s circulating supply just as ETH prices close out a blistering August comeback. The Connecticut-based company disclosed […]

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Tom Lee’s Bitmine Buys 53,501 ETH as Ethereum’s Price Fights for $2,500