According to Decrypt, Bitmine has added $30 million worth of Ethereum to its holdings. The purchase brings Bitmine’s total ETH stash to 6.04 million ETH, representing approximately 4.9 percent of the overall supply and placing the amount at about 99 percent of the way toward Bitmine’s “Alchemy of 5 percent” objective. Chairman Tom Lee described a market‑wide selloff as an attractive entry point for this acquisition.
