Tom Lee’s Bitmine Adds $20M in Ethereum, Seizing on Vitalik’s ‘ETH Is Money’ Declaration
Summary
Bitmine recently purchased an additional twenty million dollars worth of Ethereum, bringing its total holdings very close to its target of five percent of the circulating supply. Chairman Tom Lee described recent remarks by co-founder Vitalik Buterin about the digital asset as a major market development.
The firm’s stash reached 6.07 million ETH—4.97% of supply and 99% of the way to its “Alchemy of 5%” goal—as chairman Tom Lee called Vitalik Buterin’s “ETH is money” comments a “seismic shift.”
Source: Read the full story at Decrypt
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