Tom Lee’s Bitmine stakes 827K Ethereum worth over $2.5B
Summary
Bitmine, a Nasdaq-listed Ethereum treasury operator, has increased its staked Ethereum holdings by 19,200 ETH, valued at over $60 million, bringing its total to more than 827,000 ETH, exceeding $2.5 billion in value. This accumulation represents about 3.4% of the total ETH supply as of January 4, solidifying its position as the world's largest Ethereum treasury. The firm is also preparing to launch its in-house Made-in-America Validator Network (MAVAN) for staking operations. Bitmine views Ethereum as a core balance-sheet asset, focusing on long-term crypto accumulation.
(Source:Crypto Briefing)