Bitmine just smashed a major milestone—buying Ether for 65 straight weeks, adding over 53,000 ETH last week alone to hit 5.9 million total, nearly reaching their 5% market share goal. Despite crypto’s recent recovery, they’re still sitting on $5.1 billion in paper losses from buying through last year’s brutal downturn. Chairman Tom Lee highlights Ether, Bitcoin, and Solana as top performers since June—with Ether leading—and sees this momentum as a sign institutions are poised to enter crypto en masse. Meanwhile, Bitmine’s stock is soaring nearly 40% this month, proving investors believe in their long-term strategy—even amid short-term volatility. This bold, consistent accumulation move in a turbulent market could define their next chapter.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
