BitMine Now Owns 2% of ETH Supply

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Tom Lee's Ethereum Treasury company is stacking the ETH. WIth the latest purchase, they now have 2% of the total supply.

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Yeah, I saw them pop up on my options screener today. Still too new for me to mess with in the family fund though.

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I've been considering the purchase of ETH for staking for this reason. Like LEO and LSTR, I think it has potential to raise the price over the long term. And in the meantime, I'd earn ETH staking rewards. The only drawback is that the yield is pretty low. It would take some time and lots of savings to make the yield something useful.

I'm doing this already with $CRO, which pays staking rewards. I already had a pile of it before they started filing for CRO ETFs.

The financial landscape is a-changing.

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