Tom Lee's Bitmine slows down ether purchases after already buying 1 million tokens this year
CoinDeskMay 11, 2026
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Tom Lee's Bitmine has significantly reduced its ether purchases, acquiring only 26,000 tokens last week compared to an average of 100,000 in prior weeks. This slowdown comes after the firm already purchased 1 million ether earlier this year, indicating a potential shift in their investment strategy within the cryptocurrency market.