ethereum ·
Bitmine adds $20M in Ethereum, reaching 6.07 million ETH after Vitalik's 'ETH is money' comment
With chairman Tom Lee characterizing Vitalik Buterin's assertion that "ETH is money" as a "seismic shift," the firm's holdings increased by $20 million in Ethereum.
The firm's accumulated Ethereum now stands at 6.07 million ETH, which represents 4.97% of the total supply and places the entity just one step shy of its target of 5%.
This accumulation occurs as Tom Lee viewed Buterin's statement as a major turning point.
The increased positioning by this entity reflects a growing institutional recognition of Ethereum's evolving role within the digital asset landscape.
