Short News View Non-AMP

Bitmine Adds 71K ETH, Now Holds 4.73M ETH

Published by
Sohrab Khawas

Tom Lee’s Bitmine Immersion added 71,179 ETH last week, bringing total Ethereum holdings to 4.73 million ETH, roughly 3.92 percent of the circulating supply. The company’s combined crypto and cash assets now stand at 10.7 billion dollars. Out of this, 3.14 million ETH is staked, generating around 177 million dollars in annual rewards. The move highlights Bitmine’s growing presence in the Ethereum market and the rising institutional interest in staking and long-term crypto investment.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

XRP Trading on WhatsApp Goes Viral After Solana Labs Co-Founder Responds

A user on X posted what appears to be a demonstration of buying XRP directly…

April 20, 2026

Why the XRP Community Is Treating the CLARITY Act Like a Sell-the-News Trap

The CLARITY Act has more institutional support behind it than at any point in its…

April 20, 2026

Coinbase Launches Crypto-Backed USDC Loans in the UK

Coinbase has launched crypto-backed USDC loans for UK users, powered by the Morpho protocol on…

April 20, 2026

AAVE After the Crash: $21M Exchange Inflows Raise Doubts Over Recovery

Aave price has stabilized after its recent shock, but the real problem may still be…

April 20, 2026

Borrow Against Crypto Instantly in 2026: How It Works and What to Watch

Access to liquidity has become a core part of crypto portfolio management, and speed has…

April 20, 2026

Are Altcoins Dead in 2026? Van de Poppe Says No, Just 99% of Them

The altcoin market is once again making headlines, with analysts split between collapse and comeback…

April 20, 2026