BUSINESSDECRYPT
BitMine Buys $49 Million in Ethereum as Tom Lee Hails Early Robinhood Chain Demand
BitMine purchased $49 million in Ethereum, and Tom Lee, BitMine Chairman, noted that Ethereum is benefiting from the early success of the Robinhood Chain layer-2 network.
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Adjacent reporting
- MSTR buys 34,164 BTC for $2.54 billion
- Strategy buys 535 bitcoin for $43 million days after signaling potential BTC sales
- Bitmine buys 101,627 ether worth over $230 million, its largest weekly haul of 2026
- JPMorgan says Strategy’s bitcoin buying could reach $30 billion this year at current pace
- Strategy's bitcoin sale may mark start of ether outperformance, StanChart's Kendrick says