Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring' (opens original article in a new tab)

Bitmine added $92 million in ETH, nearing its 5% target while maintaining a bullish crypto outlook. The company also raised capital through preferred stock sales to support its strategy.

• Bitmine purchased $92 million in ETH, bringing holdings to 4.7% of Ethereum's supply
• Bitmine plans to continue buying ETH in 2026 to reach 5% of Ethereum's supply
• Tom Lee maintains bullish outlook on crypto and Ethereum, citing AI and tokenization demand
• Bitmine raised $274 million through preferred stock sales to support its ETH accumulation strategy