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Updated 07:55 PM EDT
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BitMine Nears 5% Of All Ethereum As Tom Lee Keeps Buying — ETH Hits One-Week High
Bankless Co-founder David Hoffman questioned where the next major source of ETH buying would come from after Bitmine’s rapid buildup.
Stocktwits
Full Article
BitMine Nears 5% Of ETH Supply With 5.5M Stack As Ether Falls 27% On Month
BitMine funds the buying through equity raises, not cash flow, recently pricing an upsized preferred stock offering.
Stocktwits
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Tom Lee’s BMNR Is Sitting On $8 Billion In Unrealized Losses On Its Ethereum Position, Eyes A Russell 1000 Inclusion
Tom Lee continues warning that broader markets could face a major correction later this year despite record equity levels.
Stocktwits
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