Tom Lee says 'crypto spring' started as largest Ethereum treasury buys $238 million in ether
CoinDesk
Bitmine acquired $238 million in Ethereum as Chairman Thomas Lee declared the beginning of a new crypto market cycle.Summary
Bitmine, the largest Ethereum treasury firm, recently purchased $238 million worth of ether, bringing its total holdings to over 5.18 million ETH. Chairman Thomas Lee announced that a "crypto spring" is underway, driven by progress on the U.S. CLARITY Act and the broader adoption of blockchain tokenization and AI-integrated payments. Despite subdued market sentiment, Bitmine continues to aggressively accumulate ETH and generate yield through its internal staking platform, MAVAN.
(Source：CoinDesk)