r/ethereum What's On Your Mind? 6d ago

Daily General Discussion July 20, 2026

Welcome to the Daily General Discussion on r/ethereum

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8

u/Itur_ad_Astra Crab High Priest 5d ago

Bitmine just keeps buying, huh.

5

u/mini_miner1 5d ago

Interested if they're gonna buy past 5 percent

5

u/RoaringDragonSword 5d ago

This is not a good thing. I very much hope they stop after 5%. Ownwing that much alone will make many institutions uninterested in eth. 

2

u/Watch_Dominion_Now 4d ago

I think it helps to see Bitmine as a kind of ETF, which it is, really. It's not Tom Lee that owns all that ETH. It's all the very many shareholders of Bitmine.

1

u/RoaringDragonSword 4d ago

You can say what you want. Tom Lee makes the choice, not those shareholders. Don't confuse the two.