Bitmine accumulates 5.77M ETH tokens, 4.8% of supply, as Tom Lee cites Robinhood Chain driving everyday user adoption.

Bitmine Immersion Technologies bought 20,500 ETH for $35.92M, bringing total holdings to 5.7 million ETH as it nears its 5% supply ownership target.

According to BitMine Chairman Tom Lee, Ethereum is benefiting from the early success of the Robinhood Chain layer-2 network.

Bitmine accumulates 5.77M ETH tokens, 4.8% of supply, as Tom Lee cites Robinhood Chain driving everyday user adoption.