TechFlow News, June 2. According to CoinDesk, Tom Lee, Chairman of Bitmine Immersion, stated that recent market concerns over Strategy’s sale of 32 BTC and the ongoing outflows from U.S. spot Bitcoin ETFs resemble typical behavior at market bottoms rather than signals of deeper risks.
The average sale price was $77,135, totaling approximately $2.5 million, used to pay dividends on preferred shares—representing just 0.004% of Strategy’s Bitcoin holdings, which exceed 843,700 BTC.
Tom Lee noted that Bitmine’s overall strategy remains unchanged, and its plan to accumulate ETH is still underway.




