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Sunday, 18 October 2026

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Bitmine buys 28k ETH, completes 97% of treasury accumulation goal

Trade News UK sterling-and-streets note (2026-09-08): While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset. Primary source: original at Cointelegraph (cointelegraph.com).

Bitmine buys 28k ETH, completes 97% of treasury accumulation goal

While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.

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