BitMine Accumulates 4.7% of Ethereum Supply Worth $92M
BitMine, led by Tom Lee, added $92 million in Ethereum to its corporate treasury, bringing its total holdings to approximately 4.7% of the total ETH supply. A subsequent purchase of 52,203 additional ETH was reported, with Lee describing a target of approaching 5% of total supply.
Story timeline · 5 days
- Jun 30, 20265Bitmine ETH Treasury Reaches 5.7M ETH After Latest Purchase; Joins Russell 1000
Bitmine confirmed 5.7M ETH treasury position; Tom Lee's Bitmine added $43M ETH as Strategy halted Bitcoin purchases.
- Jun 27, 20266Russell 1000 Adds Bitmine and Upexi as Crypto Treasury Firms
Upexi added alongside Bitmine in Russell index inclusion; Bitmine's staking of 86% of ETH and $92M holdings confirmed.
- Jun 26, 20264Tom Lee's BitMine Stakes 86% of ETH Pile Ahead of Russell 1000 Entry
BitMine stakes 86% of its ETH holdings and Russell 1000 eligibility is confirmed effective June 26, adding concrete actions to prior accumulation reporting.
- Jun 24, 20264Bitmine Accumulates $92M in Ethereum, Approaching 5% of Total ETH Supply
Bitmine ETH holdings now stated at 4.7% of total supply following $92M accumulation; Russell 1000 eligibility separately confirmed.
- Jun 23, 20266· this storyBitMine Accumulates 4.7% of Ethereum Supply Worth $92M