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Tom Lee-led BitMine Buys Additional ¥7 Billion Worth of Ethereum on the Dip

2025/11/28 18:15
CoinPost
Written by L.Kikutani
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Tom Lee-led BitMine Buys Additional ¥7 Billion Worth of Ethereum on the Dip

Continuing to Buy on the Dip This Week

According to LookOnChain data, on the 28th, BitMine Immersion Technologies purchased an additional 14,618 ETH, valued at ¥7 billion (approximately $44.34 million). This purchase aligns with the company's established weekly buying pattern. With this latest acquisition, the company's Ethereum holdings now exceed 3.64 million coins, further solidifying its position as the world's largest Ethereum treasury enterprise, holding over 3% of the total ETH supply. Thomas 'Tom' Lee, the chairman of Fundstrat and leading the company, explained that they are steadily progressing towards their goal of acquiring 5% of the total Ethereum supply.

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Iolite Vol.16

Iolite Vol.16

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Interview with Iolite FACE vol.16, concon Inc. CEO Fumiyoshi Takahashi PHOTO & INTERVIEW: Takanori Kataishi Feature: "2026: Abnormal Adoption Frontlines!!" "Prepare for Bitcoin's Golden Month" "Three US Bills: Promoting Innovation or Preventing Surveillance? A Major Restructuring of US Crypto Policy: What Does the Three Major Bills Paint for the Future?" Crypto Journey: "The Crypto Industry's 'Shadow Guardian' Sees Global Security Transformation" Interview with Hacken CEO Dima Budrin Series: "An Expert's Perspective on the Fluctuating Cryptocurrency Market" Virtual Nishi Series: Tech and Future: Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.16

November 2025 issueReleased on 2025/09/30
Interview with Iolite FACE vol.16, concon Inc. CEO Fumiyoshi Takahashi PHOTO & INTERVIEW: Takanori Kataishi Feature: "2026: Abnormal Adoption Frontlines!!" "Prepare for Bitcoin's Golden Month" "Three US Bills: Promoting Innovation or Preventing Surveillance? A Major Restructuring of US Crypto Policy: What Does the Three Major Bills Paint for the Future?" Crypto Journey: "The Crypto Industry's 'Shadow Guardian' Sees Global Security Transformation" Interview with Hacken CEO Dima Budrin Series: "An Expert's Perspective on the Fluctuating Cryptocurrency Market" Virtual Nishi Series: Tech and Future: Toshinao Sasaki, etc.