BitMine Stakes 209,504 ETH as Tom Lee Predicts Crypto Rebound
Tom Lee’s BitMine Technologies staked an additional $610 million in Ethereum, pushing its total staked ETH holdings to $6.52 billion.
Tom Lee’s BitMine Technologies staked an additional $610 million in Ethereum, pushing its total staked ETH holdings to $6.52 billion.
BitMine Immersion Technologies executed its largest 2026 Ethereum acquisition, purchasing 40,302 ETH and pushing its holdings to 4.24 million tokens valued at $12.05 billion.
Tom Lee-led BitMine staked an additional 171,264 ETH, worth $500 million, thereby taking its total staking value to more than $5.7 billion.
Bitmine Immersion Technologies secured 81% shareholder approval to increase authorized shares, accelerating its plan to acquire 5% of Ethereum’s total supply while holding 4.2 million ETH.
BitMine staked another $277 million in Ether as onchain data showed rising lockups and a sharp jump in network activity.
Ethereum treasury firm BitMine has invested $200 million in a content creation company known as Beast Industries.
BitMine has staked about 186,560 ETH into the Beacon Chain and now holds a staked position worth a massive $5.13 billion.
Bitmine has expanded its Ethereum treasury to 4.17 million ETH, solidifying its position as the world’s largest Ether holder with 3.45% of total supply.
Bitmine’s $1B ETH staking blitz doubles the validator entry queue, signaling a potential institutional-led supply squeeze.
BitMine Immersion expanded its Ethereum treasury with a $320 million purchase, pushing total holdings to nearly four million ETH as the firm continues its strategic accumulation.
BitMine Immersion Technologies has increased its Ethereum position to over 3.86 million ETH valued at $13.2 billion, marking a 156% surge in weekly acquisition pace.
BitMine’s Tom Lee predicts an ultra-bullish climb toward $62,000 for Ethereum following the Fusaka upgrade on Dec. 3.
BitMine Immersion Technologies reports holdings of 3.73 million ETH tokens, representing more than 3% of Ethereum’s total supply, as the company accelerates toward its “Alchemy of 5%” goal.
The fund lists on the NYSE under the native ticker “XRP,” securing a distinction from Canary Capital’s “XRPC.”
BitMine Chairman Tom Lee addresses investor concerns about crypto market peaks, attributing recent volatility to post-liquidation liquidity challenges.