Tom LeeâEUR(TM)s BitMine Corners 3.5% of Ethereum Supply as Treasury Tops With 4.24M ETH Buy

Tom LeeâEUR(TM)s BitMine Corners 3.5% of Ethereum Supply... BitMine Immersion continues its systematic Ethereum accumulation, adding 40,302 $ETH this week to reach a total of 4,243,338 $ETH (~3.52% of the circulating supply), with a treasury valued at $12.3B The post Tom LeeâEUR(TM)s BitMine Corners 3.5% of Ethereum Supply as Treasury Tops With 4.24M ETH Buy... BitMine Immersion Technologies, a New YorkâEUR"listed company chaired by FundstratâEUR(TM)s Tom Lee, has quietly built one of the largest concentrated positions in Ethereum ever disclosed by a single entity.In an update published on January 26, BitMine said it now holds 4,243,338 ether, giving the company control of roughly 3.52% of EthereumâEUR(TM)s total circulating supply. BitMine provided its latest holdings update for January 26th, 2026:$12.8 billion in total crypto + "moonshots":- 4,243,338 ETH at $2,839 (@coinbase)- 193 Bitcoin (BTC)- $200 mllion stake in Beast Industries @MrBeast - $19 million stake in Eightco Holdings (NASDAQ: $ORBS)âEUR¦- Bitmine (NYSE-BMNR) $ETH (@BitMNR) January 26, 2026 At the time of disclosure, the position was valued at roughly $12 billion, making BitMine the largest Ethereum treasury in the world and the second-largest crypto treasury overall, behind Strategy Inc., formerly Strategy, which holds more than 700,000 bitcoin.BitMine Accelerates ETH Accumulation as Prices SlideThe disclosure shows how quickly BitMineâEUR(TM)s balance sheet has expanded over the past six months. Weekly purchase data shared by the company indicates steady accumulation since late October, 2025, with particularly large buying activity in December. In the week ending January 26 alone, BitMine added just over 40,000 ETH, following purchases of more than 35,000 ETH the prior week and several six-figure ETH buys in December. Last week the company bought the dip, purchasing $110M worth of Ethereum. Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. Key Takeaways Stay updated on cryptocurrency market developments and price movements Monitor regulatory news that could impact digital asset valuations Consider risk management strategies for volatile crypto investments Published: January 26, 2026 | Source: CryptoNews