BUSINESSDECRYPT
Tom Lee's BitMine Buys $52 Million in Ethereum as Strategy Sells Bitcoin
Tom Lee's BitMine purchased $52 million in Ethereum following its largest 2026 acquisition, while implementing a strategy that involves selling Bitcoin.
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Adjacent reporting
- Kraken Parent to Buy Reap for $600 Million
- Tom Lee's BitMine Nears Major Milestone With Largest Ethereum Buy This Year
- Bitmine buys 101,627 ETH in largest purchase since December 2025
- Strategy Buys $2.54 Billion of Bitcoin, Most Since November 2024
- Tom Lee's BitMine Makes Biggest Ethereum Buy So Far in 2026, Hitting 5 Million ETH Milestone
- ProCap Financial (BRR) Sells 52 Bitcoin to Fund Two-Million-Share Buyback at 50% NAV Discount