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Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Decrypt
Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'WorldPing
Image via Decrypt.

What happened

The Ethereum treasury firm now holds 6.03 million ETH, 4.9% of supply, as Lee predicts the biggest crypto bull market yet.

Key facts

  • The Ethereum treasury firm now holds 6.03 million ETH, 4.9% of supply, as Lee predicts the biggest crypto bull market yet.
  • Reported by Decrypt and published Mon, 12 Oct 2026 13:33:28 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. XRP rebounded as Binance spot turnover fell nearly 80%

  2. U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead

  3. Thailand wants a piece of the $120 billion Bitcoin and Ethereum ETF market, but on its own terms

  4. Strategy Buys More Bitcoin and Retires Nearly 2M STRC Shares

  5. Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'

  6. Bitmine adds 12,532 ETH as Tom Lee flags potential ‘largest-ever’ crypto bull market

Sources

The original report was published by Decrypt. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Decrypt

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