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

SmartContractAuditor · 2026-03-09T17:21:34+00:00

Bitmine Chairman Tom Lee pointed out that the crypto market may be approaching the bottom, planning to increase weekly purchases to about 45,000 to 50,000 ETH. At the same time, over 3 million ETH are already staked, generating annual revenue of approximately $174 million. If fully staked in the future, this could increase to about $259 million.

SmartContractAuditor

2026-03-09 17:21:34

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Odaily Planet Daily reports that Tom Lee, Chairman of Bitmine, stated that recent market signals indicate the cryptocurrency market may be approaching a cyclical bottom. Therefore, BitMine has slightly increased its weekly average purchase volume to approximately 45,000 to 50,000 ETH to accelerate accumulation. He mentioned that 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. (CoinDesk)

ETH4.66%

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