Tom Lee-backed BitMine buys 13,000 ETH as accumulation continues

BitMine Immersion Technologies, backed by Tom Lee, reportedly bought 13,412 ETH worth about $40.6 million, pushing its total Ethereum holdings above 4 million tokens. The purchase aligns with Lee's view that crypto has stabilised post-October, even as Fundstrat cautions clients about a potential broader correction in early 2026.