Tom Lee’s Bitmine Buys 60,976 ETH

Published by

Sohrab Khawas

March 9, 2026

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.

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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.

Published by

Sohrab Khawas

Tags: Ethereum