BitMine adds $90 million in ETH — Tom Lee says crypto sentiment reminiscent of 2018 and 2022 bottoms
The Ethereum treasury firm continues its buying spree with its largest weekly ETH purchase in token terms this year.
By Krisztian Sandor|Edited by Stephen Alpher
Feb 17, 2026, 7:10 p.m.
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What to know:
BitMine purchased 45,759 ether (ETH) last week, lifting total holdings to 4.37 million tokens.
The firm now has 3 million ETH staked, generating $176M in annualized rewards.
Chairman Tom Lee said the current sentiment in crypto markets reminded him of the lows seen in 2018 and 2022.