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Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target

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2LAR Wire Desk (Decrypt)
2LAR Wire Desk (Decrypt) Syndicated Wire Desk • Published 2026-10-05
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Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target

The purchase lifts Bitmine's stash past 6 million ETH—4.9% of supply and 99% of the way to its "Alchemy of 5%" goal—as chairman Tom Lee says Ethereum is "dwarfing" other macro assets....

Real-time digital asset intelligence report synthesized from live wire distributions covering global market trends, network protocol upgrades, and regulatory developments.

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