#加密市场观察 Tom Lee bets the Clarity Act will push Ethereum price up and adds $74 million in ETH

The second-largest digital asset fund accelerated its buying pace, while Strategy sold off some of its Bitcoin holdings.
The largest Ethereum (ETH) fund manager, Bitmine Immersion (BMNR), accelerated its buying pace last week, purchasing 42,197 Ether (ETH), with CEO Thomas Lee citing improvements in the U.S. cryptocurrency legislative outlook as a catalyst for the asset.
According to the latest update released on Monday, the company's latest Ethereum purchase is worth approximately $74 million (based on Ethereum's current price of about $1,750), bringing its holdings to 5.74 million ETH. These ETH are currently worth about $10 billion, accounting for 4.8% of Ethereum's circulating supply, moving closer to the company's goal of holding 5% of Ethereum's supply.
The company also holds 206 Bitcoin, $527 million in cash and marketable securities, as well as stakes in Beast Industries and Eightco Holdings, bringing its total cryptocurrency, cash, and investments to $11.1 billion.
This acquisition increased from the previous week's 27,084 ETH, but remains below BitMine's weekly six-figure buying pace maintained earlier this year.
BitMine buys, Strategy sells
BitMine's continued buying stands in sharp contrast to the strategy shift of Strategy (MSTR). Strategy, the largest digital asset holder and corporate Bitcoin holder, recently sold approximately $216 million worth of Bitcoin to raise funds. This sale marks a rare reduction in Strategy's Bitcoin holdings and highlights the company's financing pressures amid the crypto market downturn and increased dividend payments.
Last week, Ethereum outperformed Bitcoin by 6%, which may be related to Bitmine's strategy of selling Bitcoin, although Ethereum has been almost continuously declining since August.
However, Lee attributes Ethereum's recent strength relative to Bitcoin to growing optimism that the proposed Clarity Act may eventually become law.
He said: "Investors are more optimistic about the passage of the Clarity Act." He noted that prediction markets now see about a 50% probability of the bill passing, the highest level in two weeks.
Lee said: "We believe regulatory clarity is an important milestone that will benefit cryptocurrencies, especially smart contract platforms like Ethereum, as crypto gradually integrates into our daily lives." He cited Ethereum Layer 2 networks processing USDC transactions for companies like Shopify and Visa as examples of blockchain technology moving into mainstream payments.
The company also stakes over 4.8 million ETH through its MAVAN staking platform and related infrastructure, generating ongoing staking yield while maintaining its fund management strategy. At current prices, these staked assets are worth approximately $8.5 billion.
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