Crypto· Ethereum

Tom Lee's Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June

In brief Bitmine bought 53,501 ETH (~$131 million), its largest weekly purchase since June, raising its holdings to 5,901,112 ETH—4.9% of supply and 98% of the way to its "Alchemy of 5%" goal. The buy extends a 65-week streak since the treasury strategy launched in June 2025; total holdings, including cash and other assets, hit $15.6 billion.

By AI NewsroomPublished 3 days agoUpdated about 3 hours ago6 views

Tom Lee's Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June

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Key Facts

Fact 1: In brief Bitmine bought 53,501 ETH (~$131 million), its largest weekly purchase since June, raising its holdings to 5,901,112 ETH—4.9% of supply and 98% of the way to its "Alchemy of 5%" goal.
Fact 2: The buy extends a 65-week streak since the treasury strategy launched in June 2025; total holdings, including cash and other assets, hit $15.6 billion.
Fact 3: 2 crypto treasury behind Strategy, with 86% of its ETH staked via MAVAN for ~$335 million in projected annual revenue.
Fact 4: Bitmine Immersion Technologies picked up the pace of its Ethereum buying last week, acquiring 53,501 ETH worth roughly $131 million as chairman Tom Lee touts crypto's strong third quarter.

Bitmine remains the largest ETH treasury and No. 2 crypto treasury behind Strategy, with 86% of its ETH staked via MAVAN for ~$335 million in projected annual revenue. Bitmine Immersion Technologies picked up the pace of its Ethereum buying last week, acquiring 53,501 ETH worth roughly $131 million as chairman Tom Lee touts crypto's strong third quarter.

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