After Tom Lee joined, ETH rose 71% and BitMine held over 1.15 million coins

律动BlockBeats|Aug 12, 2025 06:43
According to Ark Invest Daily, since Tom Lee became the chairman of BitMine on June 30th, the price of ETH has risen from approximately $2500 to $4300, a 71% increase. BitMine's strategic shift is focused on establishing the world's largest Ethereum treasury company, with plans to acquire 5% of the total ETH. At present, its holdings reach 1.15 million pieces, valued at approximately 4.96 billion US dollars.
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