Bitmine snaps up another 45,000 ETH worth $103.5M through FalconX and BitGo!

Tom Lee's Bitmine has added another 45,000 ETH — roughly $103.5 million — to its holdings, executing the purchase through institutional prime brokers FalconX and BitGo. The move signals continued conviction from one of Wall Street's most vocal crypto bulls, with Lee's firm treating ETH as a core treasury asset rather than a speculative position.

Routing a nine-figure buy through FalconX and BitGo points to OTC execution designed to minimise market impact, a standard playbook for institutional-scale accumulation. At current prices, the purchase represents meaningful demand absorption that rarely shows up in spot order books.