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2026-08-26 13:04:11 UTC

rwatimes on Nostr: 📰 Tom Lee’s Bitmine Steps Up Ether Buying After a 30% Weekly Rally 🗓️ Aug ...

📰 Tom Lee’s Bitmine Steps Up Ether Buying After a 30% Weekly Rally
🗓️ Aug 25 2026 10:17 UTC - BlockchainReporter

Tom Lee's Bitmine bought $81 million in Ethereum during a 30% weekly rally, marking the treasury firm's largest weekly ETH purchase since early July.

➤ Tom Lee's Bitmine has significantly increased its Ethereum holdings, purchasing $81 million worth after a 30% weekly rally, signaling a potential shift towards treating ETH as a balance-sheet asset.
➤ This move aligns with broader institutional interest in crypto and tokenization, seeking native digital assets with strong network effects, despite ongoing US regulatory uncertainties.
➤ The market will closely watch for continued buying to confirm sustained demand and a potential structural shift, rather than a reaction to short-term momentum.

#ethereum #eth #tomlee #bitmine #institutionalbuying #treasuryasset #cryptoadoption #regulatoryuncertainty #blockchainreporter #developeractivity

🔗 Read more at: https://rwatimes.io/articles/cryptorank-tom-lees-bitmine-steps-up-ether-buying-after-a-30-weekly-rally-1078306495