Tom Lee says 'crypto spring' is underway as Bitmine adds 26,659 ETH and slows weekly buys

Bitmine Immersion, chaired by Tom Lee, reported Monday that it acquired 26,659 ETH since its May 4 update, lifting its holdings to 5,206,790 ETH. The company put its total crypto and cash position at $13.4 billion and said its ETH stake represents about 4.3% of Ethereum's circulating supply. Lee said Bitmine is reducing its weekly accumulation rate from above 100,000 ETH.