Tom Lee’s BitMine Quietly Amasses 4.24 Million Ether—Now Controls 3.5% of All ETH

BitMine Immersion Technologies, the New York-listed mining company chaired by Fundstrat co-founder Tom Lee, surprised the market with a jaw-dropping announcement on January 26. The filing revealed that BitMine now holds 4,243,338 ether—roughly 3.52% of Ethereum’s entire circulating supply. At around $2,840 per coin at the time, that position was Continue Reading