BitMine Owns Over 4% of ETH’s Total Supply After Latest Purchase: Details

BitMine Immersion Technologies has announced its latest Ethereum purchase, which has raised its total holdings to 4.875 million tokens. Its entire stash, which includes a bitcoin position, total cash, and ‘moonshots’ holdings, is now worth $11.8 billion. Tom Lee, the company’s Chairman and Ethereum champion, continues to praise the underlying asset despite its substantial correction since the 2025 a…