BitMine Adds 102K ETH, Approaches 4 Million Token Holdings

Source: CryptoBriefing Original Title: Tom Lee’s BitMine adds over 100K ETH, total holdings approaching 4 million Original Link:

Overview

BitMine Immersion Technologies has acquired 102,259 Ethereum over the past week, bringing its total holdings to nearly 4 million ETH tokens. The company now controls over $13 billion in combined crypto and cash assets, representing slightly more than 3% of the total Ethereum supply.

Market Recovery and Strategic Expansion

Led by Thomas “Tom” Lee, BitMine has positioned itself as the largest Ethereum treasury holder globally and the second-largest crypto treasury worldwide. According to company leadership:

Crypto prices have stabilized in the past week, further evidence that crypto prices have begun to recover after the price shock of October 10.

The company attributes its continued accumulation strategy to recent regulatory clarity, positive legislative developments, and strong institutional support for digital assets.

Future Plans

BitMine is pursuing an “alchemy of 5% target” and plans to launch its staking solution, The Made in America Validator Network, in early 2026. This expansion reflects the company’s long-term commitment to the Ethereum ecosystem and institutional crypto infrastructure.

Comparative Position

BitMine’s Ethereum holdings are the largest globally. The company ranks second in overall crypto treasury holdings, trailing another major player that owns 671,268 BTC valued at over $60 billion.