BMNR news: Tom Lee says 'crypto spring' started as Bitmine buys $238 million in ether
- Bitmine , the largest Ethereum treasury firm, purchased 101,745 ether last week, lifting its total holdings to over 5.18 million ETH, representing roughly 4.29% of the token's 120.7 million supply.
- Chairman Thomas Lee stated a new 'crypto spring' has commenced, prompting the company to maintain its aggressive accumulation strategy across each of the past four weeks.
- Pledging over 4.36 million ETH to its MAVAN platform, Bitmine generates about $297 million in annualized revenue, with full-scale staking rewards projected to reach $352 million annually.
- Bitmine reigns as the world's largest Ethereum treasury firm with $13.1 billion in total crypto and cash holdings, following its uplisting to the New York Stock Exchange on April 9, 2026.
- Driven by Bitmine's 'alchemy of 5%' philosophy, Ethereum continues to benefit from Wall Street tokenization and agentic AI systems needing neutral blockchains, as the firm hopes to see the CLARITY Act passed in 2026.
20 Articles
20 Articles
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion - BlockTelegraph
Bitmine owns more than 4.29% of the total ETH coin supply of 120.7 million Bitmine is 86% of the way to the ‘Alchemy of 5%’ in just 10 months Crypto Spring has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral bl…
BitMine expands Ethereum exposure - Firm's staked ETH reaches $10B
The post BitMine expands Ethereum exposure – Firm’s staked ETH reaches $10B appeared on BitcoinEthereumNews.com. Tom Lee’s BitMine Immersion Technologies has finally staked 87.9% of its total holdings. According to on-chain data, BitMine has staked an additional 190,800 ETH worth $451 million. With this move, the largest Ethereum [ETH] Digital Assets Treasury (DAT) total staked ETH has reached 4,553,557 ETH, worth $10.77 billion. Source: Lookonc…
Bitmine Scoops $237.68M In Ethereum, Bullish In Clarity Act’s Passage By 2026
Bitmine continues to accumulate Ethereum, with Chairman Tom Lee bullish on the Clarity Act’s approval in 2026. The company’s latest purchase increases its total holdings to 5.18 million ETH, accounting for 4.29% of the tokens circulating supply. Bitmine Immersion Technologies (BMNR) disclosed its latest Ethereum (ETH) purchase over the past week. On Monday, the digital asset treasury (DAT) company revealed that it had acquired 101,745 units of t…
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