Bitmine Chairman Tom Lee attributed ETH's 13% price drop to market-wide risk-off pressures, comparing it against a 20% decline in U.S. semiconductor stocks over the same timeframe

From the articleTom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks - DecryptAlso in Bitmine's Holdings Value Dips to $15 Billion Despite 10,452 ETH Buy - Unchained, Bitmine buys more ETH, repurchases $46 million in shares as Tom Lee sees crypto holding up, Tom Lee insists 'crypto bull market is underway' as Bitmine adds 10,452 ETH