Sep. 20 at 10:50 AM
$GLXY Tom Lee’s Bitmine Buys Another
$69M ETH, Holds Massive
$8.66B Stack
Bitmine, the crypto firm led by Wall Street veteran Tom Lee, has expanded its Ethereum treasury once again, purchasing another
$69 million worth of ETH through Galaxy Digital’s over-the-counter (OTC) desk.
The latest acquisition brings Bitmine’s holdings to roughly 1.95 million ETH, valued at
$8.66 billion, according to Arkham data.
Blockchain transaction records show a series of large transfers carried out between Galaxy Digital and Bitmine in recent hours.
A week earlier, on September 4, Bitmine acquired 80,325 ETH valued at
$358 million from Galaxy Digital and FalconX.
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