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Tom Lee’s Bitmine Adds $20M in Ethereum, Seizing on Vitalik’s 'ETH Is Money' Declaration

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Decrypt
By Decrypt Staff
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Tom Lee’s Bitmine Adds $20M in Ethereum, Seizing on Vitalik’s 'ETH Is Money' Declaration
Photo / Coverage: DecryptCredit: Decrypt Staff
EXECUTIVE SUMMARY

The firm’s stash reached 6.07 million ETH—4.97% of supply and 99% of the way to its “Alchemy of 5%” goal—as chairman Tom Lee called Vitalik Buterin’s “ETH is money” comments a “seismic shift.”

Key Takeaways

  • Tom Lee’s Bitmine Adds $20M in Ethereum, Seizing on Vitalik’s 'ETH Is Money' Declaration.

The firm’s stash reached 6.07 million ETH—4.97% of supply and 99% of the way to its “Alchemy of 5%” goal—as chairman Tom Lee called Vitalik Buterin’s “ETH is money” comments a “seismic shift.”

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