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Tom Lee's Bitmine Adds $74M in Ethereum, Declares a Crypto Bull Market 'Underway'

#ETH

TLDR — The purchase lifts Bitmine's stash to nearly 5.

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

The purchase lifts Bitmine's stash to nearly 5.99 million ETH—4.9% of supply—as chairman Tom Lee argues Ethereum's outperformance signals a stronger move ahead and institutions remain underweight.

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