Tom Lee’s BitMine Purchases $130M in Ethereum, Expands Stake to 3.41% of Total Supply

As we head into 2026, Ethereum has drawn fresh attention from institutions after Fundstrat co-founder Tom Lee’s BitMine made a fresh $130 million Ethereum purchase, signaling renewed confidence in the asset’s long-term outlook. The sizable accumulation comes as on-chain data shows major Ethereum whales now hold 70% of the token’s supply.  BitMine Purchases $130M Worth … Continue reading Tom Lee’s BitMine Purchases $130M in Ethereum, Expands Stake to 3.41% of Total Supply