星球日报|Feb 10, 2026 03:14
[Tom Lee: Market pullback is a 'highly attractive' entry point, BitMine purchases $84 million worth of Ethereum this week]
Odaily Planet Daily News – According to Arkham data, BitMine purchased a total of 40,000 ETH on Monday from FalconX and BitGo, valued at $84 million, with a transaction price of approximately $2,090 per ETH. As of last weekend, BitMine held 4,325,738 ETH, with a total value of $914 million. The company has currently achieved 72% of its goal to acquire 5% of Ethereum's circulating supply. Additionally, BitMine has staked approximately 67% of its ETH holdings, generating an annualized income of $202 million.
Tom Lee stated that the best investment opportunities in cryptocurrency often arise after a downturn. Given Ethereum's continuously strengthening fundamentals, this market pullback is a highly attractive entry point. The current ETH price does not reflect its high utility as the core of future finance. Regarding BitMine's significant unrealized losses, Tom Lee pointed out that this is an expected component of Ethereum treasury strategies during market downturns, as the company aims to achieve excess returns through a complete market cycle.
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