Svmuu News: Bitmine Chairman Tom Lee stated that Bitmine purchased 26,659 ETH last week, slowing down from the previous weekly pace of over 100,000 coins, but still plans to hold 5% of Ethereum's circulating supply by the end of 2026. The company currently has a total staked Ethereum amount exceeding 4.7 million coins, with an estimated annual reward of approximately $352 million after full staking.
Tom Lee believes that if Ethereum's closing price exceeds $2,100 by the end of May, it will confirm that a "crypto spring" has arrived.