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LIVE DESK·Global markets desk·Last updated 14s ago
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Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since July

Bitmine Energy's treasury arm purchased $81 million worth of ether, marking its biggest weekly acquisition since early July.

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Marcus Webb · Crypto Desk · 25 Aug 2026 · 00:13 · 1 min read
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Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since July

Bitmine Energy's treasury division reported a $81 million purchase of ether over the past week, the largest weekly haul since early July. The firm's buying activity coincided with comments from Tom Lee suggesting the 30% weekly rally in ether could precede further price appreciation.

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Further verified details about Bitmine's strategic rationale or broader market impact were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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