Tom Lee: Bitmine Has Bought ETH for 65 Straight Weeks, Nearing 5% of Supply

Tom Lee said Bitmine has bought Ethereum every week for 65 straight weeks, building a position now worth $14 billion and working toward 5% of total ETH supply. "We've taken out essentially 5% of the supply of Ethereum," he said on the Milk Road Show. "That is a sinkhole of liquidity that we've absorbed."
Lee chairs Bitmine ($BMNR), the largest corporate Ethereum treasury.