Bitmine Immersion Buys 71,252 Ethereum

2 hours ago

Tom Lee’s Bitmine Immersion bought 71,252 Ethereum

Tom Lee’s Bitmine Immersion bought 71,252 Ethereum, increasing total holdings to 4,803,334 ETH, roughly 3.98 percent of the circulating supply. The firm’s combined crypto and cash portfolio is valued at $11.4 billion, including $8.64 billion in ETH, $864 million in cash, and other assets. Of its Ethereum, 3,334,637 ETH worth $7.1 billion is staked, highlighting a strategy that blends long-term accumulation with active network participation to earn yield and strengthen influence in the Ethereum ecosystem.

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