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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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Since Tom Lee joined BitMine as chairman on June 30, ETH has risen 71%.
On August 12, according to Ark Invest Daily, Tom Lee joined BitMine as chairman on June 30, when the price of ETH was around $2500. Now ETH has risen to $4300, an increase of 71% since June 30. It is reported that since Tom Lee's joining, BitMine's strategic focus has shifted to building the world's largest Ethereum treasury company, planning to acquire 5% of the total ETH supply. Currently, its ETH holdings amount to 1.15 million pieces, valued at approximately $4.96 billion.