{"id":73818,"date":"2026-06-10T07:39:23","date_gmt":"2026-06-10T07:39:23","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth\/"},"modified":"2026-06-10T07:39:23","modified_gmt":"2026-06-10T07:39:23","slug":"tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth\/","title":{"rendered":"Tom Lee&#8217;s Bitmine Buys $123 Million More Ethereum as Treasury Tops 5.4 Million ETH"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitmine bought 75,000 ETH for about $123 million on June 9, averaging near $1,640 per coin.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The firm now holds 5.4 million ETH and ranks second only to Strategy among public crypto treasuries.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Tom Lee\u2019s \u201cAlchemy of 5%\u201d target faces a test as ether trades far below earlier buy prices.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">A 75,000 <span>ETH<\/span> Buy in an Eight-Hour Window<\/span><\/h2>\n<p><span style=\"font-weight:400\">Bitmine Immersion Technologies (NYSE American: BMNR) acquired 75,000 ether on June 9 for about $123 million, paying an average of roughly $1,640 per coin<\/span><span style=\"font-weight:400\">. The trades were routed through Kraken and FalconX over an eight-hour window and split across three wallets, two of them freshly created for the purchase.<\/span><\/p>\n<p><span style=\"font-weight:400\">The buy pushes Bitmine\u2019s holdings above 5.4 million <span>ETH<\/span>, a stash the company says represents more than 5% of the total ethereum supply, though some onchain trackers place the figure closer to 4.6%. It extends a run of large 2026 purchases that already included 89,000 <span>ETH<\/span> for $197 million, 111,000 <span>ETH<\/span> for $237 million, and 127,000 <span>ETH<\/span> for $214 million.<\/span><\/p>\n<figure id=\"attachment_821716\" aria-describedby=\"caption-attachment-821716\" style=\"width:1676px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-821716\" class=\"wp-caption-text\">Tom Lee\u2019s wallet info showing his most recent 75,000 <span>ETH<\/span> purchase, per Arkham Intelligence<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">Bitmine began as a <span>bitcoin mining<\/span> operation before pivoting to an ether treasury model, a shift funded by a $250 million private placement in June 2025. The pivot has made it the world\u2019s largest ethereum treasury and the second-largest <span>crypto<\/span> treasury overall, trailing only Strategy Inc. (Nasdaq: MSTR) and its roughly 845,256 <span>BTC<\/span>.<\/span><\/p>\n<p><span style=\"font-weight:400\">Tom Lee, the Fundstrat co-founder who chairs the company, calls the plan the \u201cAlchemy of 5%,\u201d a target of controlling more than 5% of all ether in existence. <span>Bitcoin.com<\/span> News reported in April that Bitmine added <\/span><a href=\"https:\/\/news.bitcoin.com\/bitmine-buys-101627-eth-233-million-2026\/\"><span style=\"font-weight:400\">101,627 ETH worth $233 million<\/span><\/a><span style=\"font-weight:400\"> in what was then its largest single accumulation of the year.<\/span><\/p>\n<p><span style=\"font-weight:400\">The backers behind the strategy read like a roster of <span>crypto<\/span>\u2019s institutional class, including Ark Investment Management\u2019s Cathie Wood, Founders Fund, Pantera Capital, Kraken, Digital Currency Group, and Galaxy Digital, alongside Lee himself.<\/span><\/p>\n<h2><span style=\"font-weight:400\"> <span>Staking<\/span> the Hoard<\/span><\/h2>\n<p><span style=\"font-weight:400\">Bitmine stakes a large portion of its holdings through MAVAN, its institutional <span>staking<\/span> platform, earning a seven-day annualized yield it has pegged near 3%. The firm has projected that annualized <span>staking<\/span> revenue could approach $270 million once the entire position is deployed.<\/span><\/p>\n<p><span style=\"font-weight:400\">That income stream sits at the center of Lee\u2019s pitch that Bitmine is more than a passive wager on ether\u2019s price. He has tied long-term <\/span><a href=\"https:\/\/news.bitcoin.com\/tom-lee-says-ai-systems-will-lift-ethereum-demand-as-bitmine-stacks-5-54m-eth\/\"><span style=\"font-weight:400\">ether demand to the growth<\/span><\/a><span style=\"font-weight:400\"> of artificial intelligence (AI) systems and onchain finance, arguing that the network\u2019s settlement role will expand as more economic activity moves atop the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a>.<\/span><\/p>\n<p><span style=\"font-weight:400\">The timing of the development stands out as it comes during one of <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a>\u2019s roughest stretches of 2026, with ether changing hands near $1,630, well below the roughly $2,135 average Bitmine paid on an earlier 111,000 <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a> purchase. <\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-821717\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk.jpg\" alt=\"Pricec graph showing ETH's performance over the past 24 hours\" width=\"1280\" height=\"720\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk-1024x576.jpg 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/tom-lees-bitmine-buys-123-million-more-ethereum-as-treasury-tops-5-4-million-eth2_nwmk.jpg 1280w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><\/p>\n<p><span style=\"font-weight:400\">Bitmine\u2019s stock has tracked ether\u2019s <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a> closely since the pivot, and shares tend to move as each disclosed buy comes to light. Because the company holds the single largest corporate ether position, its purchases are indirectly read as a proxy for institutional conviction in the asset, magnifying both the upside and the downside of every accumulation.<\/span><\/p>\n<p><span style=\"font-weight:400\">Lee has repeatedly argued that buying through drawdowns strengthens his core investment thesis rather than weakening it; however, critics counter that treasury firms trading at a premium to their underlying holdings stand to face immense pressure when token prices fall, and that a sustained slump could narrow or erase that premium.<\/span><\/p>\n<p><span style=\"font-weight:400\">The next test is whether Bitmine can keep buying through the downturn without straining its share price, and how close Lee can push the treasury toward his 5% goal before year-end.<\/span><\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/bitmine-buys-101627-eth-233-million-2026\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><img alt=\"Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"(max-width: 768px) calc(100vw - 18px)\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-760x428.png&amp;w=1920&amp;q=75\"\/><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Bitmine, the ethereum treasury firm led by Fundstrat founder Tom Lee, has added 101,627 ether worth approximately $233 million to\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/bitmine-buys-101627-eth-233-million-2026\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Bitmine, the ethereum treasury firm led by Fundstrat founder Tom Lee, has added 101,627 ether worth approximately $233 million to\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/bitmine-buys-101627-eth-233-million-2026\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Tom Lee\u2019s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitmine, the ethereum treasury firm led by Fundstrat founder Tom Lee, has added 101,627 ether worth approximately $233 million to\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitmine-buys-123m-ethereum-treasury-5-4m-eth\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitmine bought 75,000 ETH for about $123 million on June 9, averaging near $1,640 per coin. The firm now holds 5.4 million ETH and ranks second only to Strategy among public crypto treasuries. Tom Lee\u2019s \u201cAlchemy of 5%\u201d target faces a test as ether trades far [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":73819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73818"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73818"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73819"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}