BitMine Acquires $52 Million in ETH as Strategy Sells BTC

Tom Lee's Ethereum-focused firm BitMine added $52 million worth of Ethereum (ETH) to its treasury, while Bitcoin-centric counterpart Strategy sold BTC for the first time since 2022. The move highlights a strategic shift amid crypto market volatility and strengthening ETH fundamentals.

By Logan Hitchcock Mon, June 1, 2026 at 7:25 PM GMT+3 2 min read · Yahoo Finance · June 1, 2026, 16:25 UTC

BitMine Acquires $52 Million in ETH as Strategy Sells BTC

Tickers: $BMNR

Topics: Bitcoin sales BitMine Immersion Technologies Ethereum Tom Lee

Read the full article at Yahoo Finance

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