Tom Lee’s BitMine adds 32,977 ETH as total crypto and cash holdings top $14 billion
BitMine, chaired by Tom Lee, acquired 32,977 ETH, bringing its total crypto and cash holdings to $14.2 billion.Summary
Tom Lee-chaired Ethereum treasury company BitMine Immersion reported that its total crypto and cash holdings reached $14.2 billion as of Monday, following the acquisition of 32,977 ETH in the past week. This latest purchase increased its total ETH holdings to 4,143,502, equivalent to about 3.43% of Ethereum's circulating supply. BitMine is the largest Ethereum treasury holder globally, though it is the second-largest public crypto treasury overall, trailing Michael Saylor's Strategy. The company, supported by major institutional investors, aims to acquire 5% of the circulating ETH supply. The announcement coincided with an Ethereum rebound, and CEO Tom Lee expressed optimism for Ethereum's prospects in 2026, citing tailwinds like Wall Street embracing tokenization and rising crypto adoption.
(Source：The Block)