⚪️ CEO Bitmine Tom Lee: «There is no scenario where we will sell Ethereum»

The head of the mining company Bitmine, Tom Lee, stated that his company is not considering a scenario for selling Ethereum.

Bitmine has accumulated about 4% of the total ETH supply over the last ~5 months and does not plan to sell these assets. The entire volume will be directed to staking, which, after full deployment, is expected to generate over $1 million in net income daily.

Today, BitMine purchased another 14,959 ETH ($46 million). Currently, BitMine owns 3,707,357 ETH ($11.455 billion).