Tom Lee’s BitMine Buys 27,801 ETH, Total Holdings Rise to 5.77 Million ETH

Published by

Nidhi Kolhapur

July 13, 2026

thereum price faces critical resistance at $1,800 will eth break out or reverse

BitMine said it purchased 27,801 ETH over the past week, increasing its total holdings to 5,770,038 ETH, or about 4.8% of Ethereum’s total supply. The company has also staked 4,917,189 ETH and held $482 million in cash and marketable securities as of July 12. Combined crypto holdings, cash, and other investments were valued at $11.3 billion. Investors will watch whether BitMine reaches its goal of owning 5% of Ethereum’s supply later this year.

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