{"id":80724,"date":"2026-04-13T16:17:40","date_gmt":"2026-04-13T16:17:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=80724"},"modified":"2026-04-13T16:17:40","modified_gmt":"2026-04-13T16:17:40","slug":"tom-lee-sees-mini-crypto-winter-ending-as-bitmine-buys-71524-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=80724","title":{"rendered":"Tom Lee Sees &#8216;Mini Crypto Winter&#8217; Ending As Bitmine Buys 71,524 ETH"},"content":{"rendered":"<div>\n<p><strong>Bitmine Immersion Technologies<\/strong> <a class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) acquired 71,524 ETH last week, bringing total holdings to 4.875 million ETH representing 4.04% of total supply.<\/p>\n<h3 class=\"wp-block-heading\">The ETH Accumulation<\/h3>\n<p>Bitmine now owns 4.04% of the total ETH supply of 120.7 million coins. That puts the company 81% of the way to its \u201cAlchemy of 5%\u201d target in just 9 months.\u00a0<\/p>\n<p>Last week\u2019s 71,524 ETH purchase marks the highest buying pace since late December.<\/p>\n<p>As of April 12, Bitmine\u2019s crypto holdings total 4,874,858 ETH at $2,206 per ETH, 198 Bitcoin, $200 million stake in <strong>Beast Industries<\/strong>, $85 million stake in <strong>Eightco Holdings<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ORBS\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ORBS\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ORBS\">ORBS<\/a>), and total cash of $719 million. Combined crypto plus cash plus \u201cmoonshots\u201d total $11.8 billion.<\/p>\n<p>\u201cBitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the \u2018mini-crypto winter,&#8217;\u201d said Chairman Tom Lee.<\/p>\n<h3 class=\"wp-block-heading\">The Staking Revenue<\/h3>\n<p>Bitmine &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51784692\/tom-lee-sees-mini-crypto-winter-ending-as-bitmine-buys-71524-eth?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Tom\" lee sees crypto winter ending as bitmine buys eth>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitmine Immersion Technologies (NYSE:BMNR) acquired 71,524 ETH last week, bringing total holdings to 4.875 million ETH representing 4.04% of total supply. The ETH Accumulation Bitmine now owns 4.04% of the total ETH supply of 120.7 million coins. That puts the company 81% of the way to its \u201cAlchemy of 5%\u201d target in just 9 months.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-80724","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80724"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80724\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}