🚨 Bitmine (Tom Lee) confirms: Largest institutional treasury for $ETH !

• New purchase:

50,928 ETH ($98M)

• Total treasury:

4.47M ETH ($8.8B | 3.71% of supply)

• Staked: 3.04M ETH (~$6B)

• Annual yield: ~$172M

🏆 = Huge institutional confidence in Ethereum, long-term support for major digital assets

💭 Question:

Is this treasury betting on the continued rise of $ETH or is it just a hedge against market volatility?

#Ethereum #Crypto #Treasury #altcoins #Bitmine

ETH

2,068.74

-2.73%