🐋 Tom Lee's Bitmine just swallowed another fat stack of ETH
Bitmine Immersion Technologies dropped roughly $47 million on 17,362 more Ether last week at a press-release price tag near $2,700 a coin. That pushes chairman Tom Lee's treasury past 6 million coins held outright, and once you fold in the staking positions it's about 4.9% of everything circulating on Ethereum today.
▪️ 17,362 ETH bought last week — roughly $47 million at the ~$2,700 headline price
▪️ Treasury now past 6 million ETH held outright
▪️ Stack the staking book on top of that and you land at ~4.9% of circulating ETH supply
▪️ The number arrived in a press release, not a fill report. Nobody showed you the actual executions — and nobody ever does
▪️ Same playbook as always: announce the buy, let the headline do the marketing, let retail chase the candle
@pixeos
Post #253
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