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Tom Lee Says Crypto Winter Is Ending as BitMine Adds Ethereum

Tom Lee Says Crypto Winter Is Ending as BitMine Adds Ethereum

At $2,015 per coin, the company’s Ethereum treasury is worth approximately $9.14 billion.

Ethereum News

BitMine Immersion Technologies purchased 60,976 Ethereum last week, its largest weekly acquisition in token terms so far in 2026, the company disclosed Monday. The purchase, valued at approximately $120 million at current prices, brought total holdings to 4,534,563 Ethereum. At $2,015 per coin, the company’s Ethereum treasury is worth approximately $9.14 billion.

The announcement coincided with Ethereum reclaiming the $2,000 level after trading below that mark for the entire weekend. The asset had climbed to $2,179 midweek during a broader crypto rebound before giving back those gains by Friday. It remained below $2,000 until early…

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