Short News View Non-AMP

Tom Lee’s Bitmine Buys 60,976 ETH

Published by
Sohrab Khawas

Bitmine Immersion Technologies said it added 60,976 ETH last week, bringing its total Ethereum stash to 4.53 million ETH, roughly 3.76% of the entire supply. The firm reported $10.3 billion in combined crypto and cash assets, including $1.2 billion in cash. Of its Ethereum holdings, 3.04 million ETH are actively staked, earning rewards. The latest accumulation highlights Bitmine’s growing role as a major institutional Ethereum holder amid rising network participation and staking demand.

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

Algorand Price Surges 10%—Is ALGO Finally Breaking Its Downtrend?

Algorand price has gained fresh momentum, rising over 10% in the past 24 hours and…

March 31, 2026

Cardano Midnight Fork Launches Privacy Layer as Pepeto Draws Entries While SUI and PEPE Hold

Cardano is launching its Midnight privacy sidechain alongside the Van Rossem hard fork before March…

March 31, 2026

Is Ripple Moving Away From XRP? The Convera Deal Raises Questions

One of the world's largest commercial payments companies just tied itself to Ripple's blockchain infrastructure,…

March 31, 2026

Solana Compressing in a Narrow Range—Is SOL Price Gearing Up for a Massive Move?

Over the past few days, the Solana price has been trading range-bound, strongly defending the…

March 31, 2026

WhiteBIT Coin (WBT) Surpasses $15 Billion Market Capitalization Amid Token Momentum and Exchange Expansion

WhiteBIT Coin (WBT), the token of the WhiteBIT exchange, has reached a market capitalization of…

March 31, 2026

Missed the Last Bull Run? Crush It This Time — Everlight Shards Deliver 28% APY Real BTC

The regret of missing a massive market upswing is a feeling most crypto enthusiasts know…

March 31, 2026