Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says

6 outlets reporting

Your call?🐂 Bullish🐻 Bearish

100,000 ETH

remaining to buy

$ETH

$2,571

-4.6%

Speaking at Token2049 in Singapore, the chairman said Bitmine is about 100,000 ETH—roughly six to seven weeks—from its 5% cap, setting an end date on a buying spree that made it the world's largest Ethereum treasury.