Tom Lee’s BitMine passes 4.2 million ETH in holdings as staked share climbs above 40%
BitMine Immersion Technologies now holds over 4.2 million ETH, with its staked share exceeding 40% of its total holdings.Summary
BitMine Immersion Technologies, the world's largest Ethereum treasury holder, has increased its ETH holdings to 4,203,036 ETH, adding 35,268 ETH in the past week. This stash is valued at approximately $12.8 billion and represents nearly 3.5% of Ethereum's circulating supply. Concurrently, BitMine's staked ETH balance grew to 1,838,003 ETH, reflecting expansion ahead of its planned Made-in-America Validator Network (MAVAN) launch in early 2026. Chair Tom Lee stated that BitMine has staked more ETH than any other entity globally, estimating potential annual staking rewards exceeding $370 million. The company maintains a long-term goal of acquiring 5% of Ethereum's circulating supply, and shareholders recently approved measures supporting its ETH accumulation strategy.
(Source：The Block)