Undercurrent CapitalbetaSign in

Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target

#ETH

TLDR — The purchase lifts Bitmine's stash past 6 million ETH—4.

Signal data─ Neutralconfidence 50%Low materiality
AssetETHEventsector-trendEvent timeAttention0 readers/hrNormalSmart readers0

The purchase lifts Bitmine's stash past 6 million ETH—4.9% of supply and 99% of the way to its "Alchemy of 5%" goal—as chairman Tom Lee says Ethereum is "dwarfing" other macro assets.

0 impressions · 0 upvotes · 0 comments

Reading is open to everyone — posting, replying and reporting need an account.

No comments yet.