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Tom Lee’s Bitmine Buys Another $19 Million in Ethereum as Stash Nears 5% of Total Supply - Decrypt

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Bitmine adds 9,926 ETH to treasury, bringing total holdings to 5.8 million tokens

Bitmine Immersion Technologies increased its Ethereum holdings by 9,926 ETH during the week ending August 16, bringing its total treasury to 5,815,164 ETH worth approximately $11 billion. The company now holds 4.8% of Ethereum's total supply and has staked over 5 million ETH through its MAVAN validator network.

Aug 17, 2026·3 sourcesEthereumInstitutional crypto adoptionCryptoEthereum staking & validators
Bitmine adds 9,926 ETH to treasury, bringing total holdings to 5.8 million tokens
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Theblock

Bitmine adds 9,926 ETH, taking total holdings to roughly $11 billion

Cryptobriefing

Bitmine acquires 9,926 Ethereum, boosting total holdings to 5.8M ETH