Key Takeaways:
Bitmine now holds 5,416,901 ETH worth $10.85 billion, equal to 4.49% of ethereum’s circulating supply.Tom Lee says ETH prices undervalue ethereum fundamentals, with staking revenue projected at $258M annually.Bitmine expects to reach its 5% ethereum ownership target, the “Alchemy of 5%,” sometime in 2026.Lee addressed the move directly in Monday’s announcement.
The Numbers Behind the Treasury The Institutional Roster Why Ethereum, Why NowPurchases are tracked publicly onchain through services including Arkham Intelligence and NS3.AI, and are executed primarily through Kraken.
