On April 27, Bitmine Chairman Thomas “Tom” Lee stated:

Bitmine’s holdings of ETH have surpassed 5 million. This is an important milestone for the company’s goal of holding 5% of the total ETH supply; reaching this goal took only 10 months. At present, Bitmine’s ETH holdings account for 4.21% of the total ETH supply (120.7 million).

Over the past four weeks, Bitmine has continued to accelerate its accumulation of ETH, because Bitmine’s fundamental expectation is that ETH is in the final stage of the “mini crypto winter.”

Multiple recent research reports, including Etherealize’s latest research, point out that Ethereum (ETH) is a “store of value.” As digital assets are used increasingly in financial transactions, it will be used as collateral. Since the outbreak of the Iran war, Ethereum’s outstanding performance has undoubtedly proved this new role. Since the war began, Ethereum’s performance has outperformed the S&P 500 index by 169.6 basis points, and it still remains the best-performing single asset globally (excluding oil prices).

In addition, Ethereum continues to benefit from two major tailwinds: Wall Street’s tokenization on the blockchain, and the growing demand from agent AI systems for public and neutral blockchains. In our view, it is of great significance that Ethereum becomes the best “wartime store of value” and has remained in a leading position since the war began. #比特币突破7.9万美元