Tom Lee’s BitMine Just Went All-In on $ETH Ethereum — And It’s Huge
BitMine Immersion Technologies has quietly pulled off one of the boldest crypto moves ever. The New York–listed firm, chaired by Fundstrat’s Tom Lee, now holds 4.24 million ETH—that’s about 3.5% of Ethereum’s entire circulating supply.
After adding 40,302 $ETH ETH in just one week, BitMine’s Ethereum treasury is now worth roughly $12.3 billion, making it the largest institutional holder of ETH in the world.
Only Strategy Inc. (formerly MicroStrategy) sits higher in the crypto treasury rankings—and that’s thanks to its massive Bitcoin stack.
Bottom line: BitMine isn’t just betting on Ethereum. It’s becoming one of the most powerful players in the entire ecosystem. 🚀🔥
