Decrypt reports that Bitmine, led by Tom Lee, has increased its Ethereum holdings by $20 million, now totaling 6.07 million ETH. This amount represents 4.97% of the total Ethereum supply. Lee described Vitalik Buterin's statement that 'ETH is money' as a 'seismic shift' for the cryptocurrency. The firm is nearing its goal of 5% of the supply, achieving 99% of that target.
Based on the Decrypt report; not independently verified.
Source published: Mon, 09 Nov 2026 17:08:21 +0000
[Read the original report](https://decrypt.co/382854/tom-lee-bitmine-adds-20m-ethereum-vitalik-eth-money)
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