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Tom Lee: The mini crypto winter is nearing its end, and BitMine will accelerate its accumulation of ETH
According to CoinDesk, Bitmine Chairman Tom Lee stated that recent market signals indicate that the crypto market may be approaching a temporary bottom. Therefore, BitMine will slightly increase its average weekly purchase scale to about 45,000 to 50,000 ETH to accelerate accumulation. He mentioned that the current market has entered the so-called late or final stage of the "crypto mini winter."
In addition, BitMine stated that it currently has over 3 million ETH staked, generating approximately $174 million in annual revenue; if all holdings are staked in the future, the annualized income is expected to increase to about $259 million.
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