BitMine Adds 69,822 ETH As Tom Lee Maintains Ethereum ‘Supercycle’ Thesis
Posted On November 24, 2025
BitMine Immersion Technologies Inc. (NYSE:BMNR) has added another 69,822 Ethereum (CRYPTO: ETH) to its treasury, pushing its holdings to 3.63 million as it accelerates plans for a 2026 “Made in America” validator network.
BitMine’s Ethereum Holdings Surge Past $10.3 Billion
In a press release published on Monday, BitMine said its crypto, cash and “moonshot” assets now total $11.2 billion, driven primarily by 3.63 million Ethereum tokens worth about $10.3 billion at recent prices.
The company also holds 192 Bitcoin (CRYPTO: BTC), an $800 million cash position and a $38 million stake in Eightco Holdings.
Chairman Thomas “Tom” Lee said BitMine now controls 3% of the Ethereum network supply, noting the firm purchased 69,822 …
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