Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target

Crypto Insight Summary: The purchase lifts Bitmine's stash past 6 million ETH—4.9% of supply and 99% of the way to its "Alchemy of 5%" goal—as chairman Tom Lee says Ethereum is "dwarfing" other macro assets. Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large institutional purchase signals confidence but limited market-wide impact.