
According to their latest disclosures, Bitmine’s ETH holdings have reached the dizzying height of 5,078,386 tokens, each priced at a modest $2,369. Thomas Lee, the company’s Chairman and self-proclaimed crypto visionary, couldn’t resist a spot of boasting, declaring that they “crossed 5 million this past week.” How utterly thrilling! This, he insists, is but a stepping stone to their grander scheme: acquiring 5% of the entire Ethereum supply. The speed of their accumulation, he notes with a flourish, has been “astonishing,” as if we’re all meant to be impressed by their financial acrobatics.