The post Tom Lee’s BitMine reports over $13B in crypto and cash holdings, now controls 2.7% of Ethereum supply appeared on BitcoinEthereumNews.com. Key Takeaways Tom Lee and BitMine have reported updated holdings, including their Ethereum position and Eightco stake. BitMine, led by Tom Lee, is aggressively accumulating Ethereum to position itself as a leading corporate crypto holder. Tom Lee’s BitMine, a publicly traded company focused on building a large cryptocurrency treasury, today reported total holdings of $13.4 billion, including 3.24 million ETH, a stake in Eightco, and $219 million in cash. Lee is leading BitMine’s aggressive Ethereum accumulation strategy as the company positions itself as a leader in corporate ETH adoption. BitMine has been outpacing other digital asset treasury companies by rapidly expanding its Ethereum holdings. The latest accumulation brings BitMine’s Ethereum holdings to 2.7% of the total ETH supply, marking the halfway point toward its stated goal of achieving the “Alchemy of 5%.” Lee described the strategy as a long-term bet on Ethereum’s emerging “supercycle,” viewing recent market deleveraging as an opportunity to acquire assets at attractive valuations. Source: https://cryptobriefing.com/tom-lee-bitmine-ethereum-eightco-holdings/The post Tom Lee’s BitMine reports over $13B in crypto and cash holdings, now controls 2.7% of Ethereum supply appeared on BitcoinEthereumNews.com. Key Takeaways Tom Lee and BitMine have reported updated holdings, including their Ethereum position and Eightco stake. BitMine, led by Tom Lee, is aggressively accumulating Ethereum to position itself as a leading corporate crypto holder. Tom Lee’s BitMine, a publicly traded company focused on building a large cryptocurrency treasury, today reported total holdings of $13.4 billion, including 3.24 million ETH, a stake in Eightco, and $219 million in cash. Lee is leading BitMine’s aggressive Ethereum accumulation strategy as the company positions itself as a leader in corporate ETH adoption. BitMine has been outpacing other digital asset treasury companies by rapidly expanding its Ethereum holdings. The latest accumulation brings BitMine’s Ethereum holdings to 2.7% of the total ETH supply, marking the halfway point toward its stated goal of achieving the “Alchemy of 5%.” Lee described the strategy as a long-term bet on Ethereum’s emerging “supercycle,” viewing recent market deleveraging as an opportunity to acquire assets at attractive valuations. Source: https://cryptobriefing.com/tom-lee-bitmine-ethereum-eightco-holdings/