Bitmine buys $236 million in ether as Tom Lee touts ETH as 'wartime store of value'

Bitmine buys $236 million in ether as Tom Lee touts ETH as 'wartime store of value'

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitmine buys $236 million in ether as Tom Lee touts ETH as 'wartime store of value'The firm has bought more than 5 million in ETH in just 10 months while most digital asset treasury companies have stopped accumulating.By Krisztian Sandor|Edited by Sheldon Reback Apr 27, 2026, 1:17 p.m. Make preferred on Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)What to know: Ether treasury firm Bitmine bought 101,901 ETH last week, worth roughly $236 million at current prices, pushing its holdings above 5 million tokens.The firm now owns 4.21% of ether's total supply, extending its lead as the largest known ether treasury.It also staked over 3.7 million ETH, generating about $264 mil

Source: https://www.coindesk.com/business/2026/04/27/bitmine-buys-usd236-million-in-ether-as-tom-lee-touts-eth-as-wartime-store-of-value