Tom Lee’s BitMine Adds 7,391 ETH, Holdings Near 5% of Ethereum Supply
BitMine added another 7,391 ETH last week, bringing its total holdings to about 5.805 million ETH, or roughly 4.8% of Ethereum’s total supply. The company has been buying ETH every week since launching its treasury strategy in 2025 and is now close to its 5% ownership target. More than 4.9 million ETH is already staked through its MAVAN setup, generating an estimated $250 million in annual yield at current rates. BitMine is also continuing its share buyback program alongside its ETH purchases.