{"id":601364,"date":"2026-05-19T04:53:05","date_gmt":"2026-05-19T04:53:05","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/19\/ether-pullback-was-attractive-opportunity-for-71672-eth-buy-bitmines-lee\/"},"modified":"2026-05-19T04:53:05","modified_gmt":"2026-05-19T04:53:05","slug":"ether-pullback-was-attractive-opportunity-for-71672-eth-buy-bitmines-lee","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/19\/ether-pullback-was-attractive-opportunity-for-71672-eth-buy-bitmines-lee\/","title":{"rendered":"Ether pullback was \u2018attractive opportunity\u2019 for 71,672 ETH buy: Bitmine\u2019s Lee"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9xdW90YXRpb25zdG9tLWxlZS0xLmpwZw==.jpg\" alt=\"Ether pullback was \u2018attractive opportunity\u2019 for 71,672 ETH buy: Bitmine\u2019s Lee\" class=\"type:primaryImage\" \/><\/p>\n<p>Bitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether&#8217;s total supply before the end of the year. <\/p>\n<p>Bitmine Immersion Technologies chairman Tom Lee says the crypto treasury company took advantage of a recent Ether price drop under $2,200 to scoop up another 71,672 Ether for its stockpile.<\/p>\n<p>Ether (ETH) has <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\">traded<\/a> between $2,081 and $2,341 over the past seven days. It was trading at $2,128 as of Tuesday and was down 8.7% over the same period.<\/p>\n<p>\u201cOver the past week, we acquired 71,672 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the alchemy of 5% sometime in 2026,\u201d Lee <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-28-million-tokens-and-total-crypto-and-total-cash-holdings-of-12-6-billion-302774396.html\">said<\/a> on Monday.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/tom-lee-bitmine-buys-71672-eth-during-price-pullback\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether&#8217;s total supply before the end of the year. Bitmine Immersion Technologies chairman Tom Lee says the crypto treasury company took advantage of a recent Ether price drop under $2,200 to scoop up another 71,672 Ether for its stockpile. Ether (ETH) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":601365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-601364","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/601364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=601364"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/601364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/601365"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=601364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=601364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=601364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}