Tom Lee’s BitMine adds another 24,266 ether as holdings approach 4.2 million ETH and staked assets nearly double
BitMine acquired 24,266 ETH, bringing its total holdings near 4.2 million ETH, while its staked assets almost doubled to 1.25 million ETH.Summary
BitMine Immersion Technologies, chaired by Tom Lee, has increased its Ethereum holdings to 4,167,768 ETH (worth about $13 billion), following a recent purchase of 24,266 ETH. The company's total crypto and cash holdings reached $14 billion as of Monday. BitMine's ETH stake represents about 3.45% of Ethereum's circulating supply. Furthermore, its staked Ethereum assets have nearly doubled over the past week, reaching 1,256,083 ETH, making BitMine the largest Ethereum staker globally. The company aims to eventually acquire 5% of the circulating ETH supply. This acquisition aligns with positive sentiment from analysts like Geoffrey Kendrick, who predicts 2026 will be the 'year of Ethereum,' a view Tom Lee shares, anticipating strong crypto recovery starting in 2026.
(Source：The Block)