Tom Lee’s Bitmine adds 44,463 ETH and starts staking as treasury tops 3.4% of supply
The Block
Bitmine Immersion Technologies added 44,463 ETH, bringing its total holdings to over 3.4% of the circulating supply, and began staking operations.Summary
Bitmine Immersion Technologies (BMNR), chaired by Tom Lee, recently acquired an additional 44,463 ETH, increasing its total holdings to approximately 3.41% of Ethereum's circulating supply. This aggressive buying strategy aims for 5% of the total supply, utilizing year-end market softness. The firm's treasury, valued at over $12 billion in ETH, alongside other assets, brings total crypto and cash holdings to $13.2 billion as of December 28, including 4,110,525 ETH and 192 bitcoin. Furthermore, Bitmine has started staking over 408,000 ETH as it prepares to launch its Made in America Validator Network in early 2026.
(Source：The Block)