Tom Lee: The mini crypto winter is nearing its end, and BitMine will accelerate its ETH accumulation

MarsBitNews · 2026-03-09T15:16:00+00:00

Bitmine Chairman Tom Lee stated that the crypto market may be approaching the bottom, so the weekly purchase of ETH has been slightly increased to 45,000 to 50,000 tokens. He believes the market has entered the late stage of the "crypto mini winter." Bitmine has staked over 3 million ETH, with annual revenue of approximately $174 million, potentially reaching $259 million in the future.

MarsBitNews

2026-03-09 15:16:00

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Mars Finance reports that Tom Lee, Chairman of Bitmine, stated that recent market signals indicate the cryptocurrency market may be approaching a cyclical bottom. Therefore, BitMine is slightly increasing its weekly average purchase volume to about 45,000 to 50,000 ETH to accelerate accumulation. He said the current market has entered the late or final stage of the so-called “Crypto Mini Winter.” Additionally, BitMine announced that it currently has over 3 million ETH staked, generating approximately $174 million in annual income. If all holdings are staked in the future, the annualized return is expected to increase to about $259 million.

ETH3.11%

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