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BitMine’s Weekly ETH Buys Shrink to 12,532 as Tom Lee Says Stacking Is Done

BitMine said on Monday it bought 12,532 Ethereum in the week to October 11, its third small weekly purchase in a row, taking the treasury to 6,028,946 ETH, or 4.9% of the 122.1 million ETH in supply. The purchase followed the 15,112 ETH BitMine added in the week to October 4, and the company bought...
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BitMine accumulates 6,028,946 ETH, 4.9% of the supply, and Tom Lee argues that withdrawing coins from the market will boost the next upward cycle.BitMine's entry raises its Ethereum treasury to 6,028,946 ETH and Tom Lee anticipates the bull market aparece primero en Merca2.

BitMine purchased 12,532 ETH over the week ended October 11, 2026. Despite this accumulation of Ethereum, the total value of its crypto assets, cash and equity declined from $17.4 billion to $16.2 billion in a week. The BitMine item adds 12,532 ETH and approaches the 5% targeted appeared first on Cointribune.

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BTC-ECHO broke the news on Monday, October 12, 2026.
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