BitMine (Tom Lee) Acquires $157 Million in Ethereum, Largest Purchase Since December

Bitmine Immersion Technologies acquired 71,524 ETH worth $157 million in the week ending April 13, 2026, its largest Ethereum purchase since December 2025, bringing total holdings to 4.87 million ether valued at $10.7 billion—representing 4.04% of all ether in existence. The company, led by chairman Tom Lee, operates the world's largest corporate ether treasury and stakes 68% of its holdings to generate $212 million in annualized revenue. Despite BMNR stock declining 32% year-to-date, the company recently uplisted to the NYSE and maintains a $747 million average daily trading volume, ranking 117th among U.S. stocks, with backing from major institutional investors including Cathie Wood's ARK and Founders Fund.

BitMine's Ethereum Acquisition and Holdings Strategy

• ▪Bitmine Immersion Technologies' $157 million Ethereum purchase was the largest since December 2025.
• ▪Bitmine Immersion Technologies acquired 71,524 ETH in the week ending April 13, 2026.
• ▪Bitmine Immersion Technologies holds 4.87 million ether worth $10.7 billion as of April 13, 2026.
• ▪Bitmine Immersion Technologies is 81% of the way to its target of owning 5% of the entire ETH supply.
• ▪Bitmine Immersion Technologies holds 4.04% of all ether in existence as of April 13, 2026.

Ethereum as a Wartime Store of Value

• ▪ETH gained 17.4% since the Iran war began seven weeks prior to April 13, 2026.

Staking Revenue and Diversified Treasury Assets

• ▪Bitmine Immersion Technologies holds $719 million in cash as of April 13, 2026.
• ▪Bitmine Immersion Technologies' total holdings stand at $11.8 billion as of April 13, 2026.
• ▪Bitmine Immersion Technologies holds an $85 million position in Eightco Holdings as of April 13, 2026.
• ▪Bitmine Immersion Technologies holds a $200 million stake in Beast Industries as of April 13, 2026.
• ▪Bitmine Immersion Technologies' 7-day staking yield is 2.89% as of April 13, 2026.
• ▪Bitmine Immersion Technologies' staked ETH is valued at $7.4 billion as of April 13, 2026.

Institutional Backing and Market Context

• ▪Bitmine Immersion Technologies has an average daily dollar volume of $747 million as of April 13, 2026.

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