{"id":64756,"date":"2025-12-22T17:31:47","date_gmt":"2025-12-22T17:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=64756"},"modified":"2025-12-22T17:31:47","modified_gmt":"2025-12-22T17:31:47","slug":"tom-lees-bitmine-grabs-13412-eth-as-it-chases-5-of-all-ether","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=64756","title":{"rendered":"Tom Lee\u2019s Bitmine Grabs 13,412 ETH as It Chases 5% of All Ether"},"content":{"rendered":"<div>\n<p>Tom Lee\u2019s associated firm, Bitmine, <a class=\"general-link\" href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-reach-4-066-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-2-billion-302647727.html\" target=\"_blank\" rel=\"noopener nofollow\">just purchased another<\/a> 13,412 ETH, adding to a buying streak that has already made it one of Ethereum\u2019s largest corporate holders.<\/p>\n<p><span style=\"font-weight: 400\">The Ethereum price (ETH USD) surged back above the critical $3,000 level after the news, as traders debated whether this represented a strong vote of confidence or just another large whale move. All of this happens while institutions quietly build ETH positions, and staking yields stay attractive compared to government bonds.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_69497e43689b3\" data-coin-id=\"ethereum\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_69497e43689b3-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_69497e43689b3-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_69497e43689b3-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_69497e43689b3-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_69497e43689b3-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_69497e43689b3-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_69497e43689b3-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_69497e43689b3-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_69497e43689b3-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_69497e43689b3-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_69497e43689b3-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_69497e43689b3-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<h2><b>What Is Bitmine Doing With All This Ethereum, in Simple Terms?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Bitmine follows a simple playbook: buy ETH every week, regardless of market conditions, and store it in a growing corporate treasury.\u00a0<\/span><span style=\"font-weight: 400\"><span style=\"margin: 0px;padding: 0px\">Writing in\u00a0<a href=\"https:\/\/www.coindesk.com\/business\/2025\/11\/10\/tom-lee-s-bitmine-kept-buying-ether-added-110k-tokens-to-holdings\" target=\"_blank\" rel=\"noopener nofollow\">CoinDesk,<\/a> Krisztian Sandor said\u00a0the firm already holds more than 3.5 million ETH and keeps adding, including weeks where it grabbed over 96,000 ETH in one shot.<\/span> Think of this like a company deciding to keep its savings in oil or gold but here, the \u201cbarrels\u201d are ETH tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Tom Lee himself <a class=\"general-link\" href=\"https:\/\/finance.yahoo.com\/news\/tom-lee-bitmine-boosts-ethereum-160716411.html\" target=\"_blank\" rel=\"noopener nofollow\">said<\/a>, \u201cWe acquired 110,288 ETH tokens over the past week, 34% more than the week prior.\u201d <\/span><span style=\"font-weight: 400\">Bitmine wants to reach 5% of all circulating ETH, which would give it a MicroStrategy-style grip on Ethereum the way Strategy (formerly MicroStrategy) did with Bitcoin. For beginners, that means one company aims to become <\/span>the<span style=\"font-weight: 400\"> reference name for corporate ETH exposure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitmine also plans to plug this ETH into staking through its MAVAN validator network. Staking is similar to locking your ETH into the network to help run it, and in return, you earn yield, much like earning interest from a savings account. That means Bitmine doesn\u2019t just sit on ETH, it turns it into an income stream while it waits for price appreciation.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While Bitmine holds 4.066M ETH, the stock (BMNR) has <a class=\"general-link\" href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-exceeding-3-31-million-tokens-and-total-crypto-and-cash-holdings-of-14-2-billion-302594857.html\" target=\"_blank\" rel=\"noopener nofollow\">been trading at a <\/a><\/span><a class=\"general-link\" href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-exceeding-3-31-million-tokens-and-total-crypto-and-cash-holdings-of-14-2-billion-302594857.html\" target=\"_blank\" rel=\"noopener nofollow\">1.08x multiple<\/a> to its Net Asset Value (NAV)<span style=\"font-weight: 400\">. This suggests that the market is already pricing in the success of the <\/span>MAVAN staking platform<span style=\"font-weight: 400\">, even though it won\u2019t be fully deployed until Q1 2026<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-321449\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/Screenshot-944.png\" alt=\"\" width=\"915\" height=\"324\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/Screenshot-944.png 915w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/Screenshot-944-300x106.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/Screenshot-944-768x272.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/Screenshot-944-50x18.png 50w\" sizes=\"(max-width: 915px) 100vw, 915px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/intel.arkm.com\/explorer\/entity\/bitmine\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Source \u2013 Arkham, Bitmine Ethereum Holdings<\/a>)<\/p>\n<h2><b>How Could Bitmine\u2019s ETH Grab Affect Everyday Investors?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">First, this kind of consistent accumulation tightens supply over time. Every week Bitmine removes more ETH from the open market, which matters if you buy ETH on exchanges like Coinbase or Binance because there is simply less \u201cloose\u201d ETH floating around. According to Naga Avan-Nomayo in <\/span><a class=\"general-link\" href=\"https:\/\/www.theblock.co\/post\/380925\/tom-lee-ethereum-dat-bitmine-two-thirds-goal\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">The Block<\/span><\/a><span style=\"font-weight: 400\">, Bitmine already owns approximately 3% of all ETH and has no plans to sell.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Second, it reinforces the idea of Ethereum as a long-term asset, not just a trading coin. We already see big players circling ETH through products like JPMorgan\u2019s fund, which we covered in our piece on <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/jpmorgans-new-ethereum-fund-tests-tom-lees-20k-eth-dream\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Tom Lee\u2019s ETH forecast<\/span><\/a><span style=\"font-weight: 400\">. When large firms treat ETH like digital oil that powers future finance, it builds a narrative that beginners can latch onto: buy, stake, and hold for years, not days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Third, Bitmine\u2019s staking plans underscore the importance of Ethereum\u2019s roadmap. Upgrades like the upcoming changes we explained in <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ethereums-2026-hegota-upgrade-targets-state-bloat-and-fees\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Ethereum\u2019s 2026 upgrade<\/span><\/a><span style=\"font-weight: 400\"> aim to make the network cheaper and easier to scale. If Ethereum keeps improving and Bitmine keeps buying, long-term holders enjoy both scarcity and better tech.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><b>What Are the Risks Behind Following This \u201cInstitutional ETH\u201d Signal?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">This story sounds bullish, but you should stay grounded. Ethereum still trades in a market where sharp drops\u00a0<\/span><span style=\"margin: 0px;padding: 0px\">can occur rapidly, as we demonstrated when ETH experienced a significant decline in our recent report on <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ethereum-crashes-below-3k-as-liquidations-spike-and-volatility-looms\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">ETH crashes<\/span><\/a><span style=\"font-weight: 400\">. Big buyers like Bitmine often have long-term horizons, access to cheap capital, and higher risk tolerance than a normal person trying to pay rent.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Also, Bitmine\u2019s strategy concentrates power. If one firm aims for 5% of supply and stakes a lot of it, it gains more influence over Ethereum\u2019s validator set and network rewards. That doesn\u2019t break Ethereum by itself, but it raises questions about decentralization and the extent to which large corporate treasuries should have influence.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For you, the healthy move is simple: treat Bitmine\u2019s accumulation as a <\/span>confidence signal<span style=\"font-weight: 400\">, not as financial instructions. If you like Ethereum\u2019s long-term story, build a small, regular position that fits your budget, and learn how <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ethereum-leverage-hits-record-highs-why-your-eth-now-sits-on-a-time-bomb\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">overusing leverage on ETH<\/span><\/a><span style=\"font-weight: 400\"> turns normal volatility into disaster. Never copy whale-sized bets with everyday money, especially money you need in the next 6\u201312 months.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As more firms chase Ethereum exposure and staking income, stories like Bitmine\u2019s will likely become common, but your edge comes from staying calm, sizing your bets modestly, and letting the big players fight over supply while you quietly learn the game.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">15+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n<p><b>Follow 99Bitcoins on\u00a0<a class=\"general-link\" href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"noopener nofollow\">X For the Latest Market Updates<\/a>\u00a0and\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"noopener nofollow\">Subscribe on YouTube For Daily Expert Market Analysis<\/a><\/b><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/tom-lees-bitmine-grabs-13412-eth-as-it-chases-5-of-all-ether\/\">Tom Lee\u2019s Bitmine Grabs 13,412 ETH as It Chases 5% of All Ether<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tom Lee\u2019s associated firm, Bitmine, just purchased another 13,412 ETH, adding to a buying streak that has already made it one of Ethereum\u2019s largest corporate holders. The Ethereum price (ETH USD) surged back above the critical $3,000 level after the news, as traders debated whether this represented a strong vote of confidence or just another [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-64756","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64756"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64756\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}