BitMine Chair Tom Lee Says ETH Buying Has Continued for More Than 60 Weeks

BitMine Immersion Technologies Chairman Tom Lee said in a podcast interview that the company has bought ETH for more than 60 consecutive weeks since launching its ETH treasury strategy. According to Odaily, Lee said BitMine’s distinction lies not only in the size of its holdings but also in the consistency of its purchases. He added that Michael Saylor’s Strategy had some weeks without Bitcoin purchases during its accumulation period. Lee also said BitMine has recently slowed its buying pace as its ETH holdings have grown, and it has completed about 97% of its target to hold 5% of ETH supply.