Morning Minute: Saylor's $2.54B Buy Buoys Bitcoin
Yahoo Finance·2026-04-21 19:51
Bitmine’s total holdings are now at 4.976 million ETH, representing 4.12% of total circulating supply, and is now 82% of the way to its self-declared “5% alchemy” target.Tom Lee’s Bitmine disclosed Monday that it purchased 101,627 ETH for $235 million last week, its largest single-week ETH acquisition of 2026. On a market cap adjusted basis, that buy is equivalent to Saylor buying $1.35B in Bitcoin. It’s a big purchase.Where things stand: 815,061 BTC at ~$75K = roughly breakeven on $61.56 billion invested; ...