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Home Bitcoin

Tom Lee Backs Ethereum Supercycle as Bitmine ETH Holdings Reach 5.39M

26/05/2026
in Bitcoin
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Tom Lee Backs Ethereum Supercycle as Bitmine ETH Holdings Reach 5.39M


Key Takeaways

Bitmine holds 5.39M ETH and $12.3B in belongings, nearing Tom Lee’s 5% ETH goal.MAVAN staking now covers 87% of Bitmine’s ETH, producing $276M annualized yield.Bitmine plans institutional MAVAN enlargement as ethereum tokenization demand grows.

BitMine Controls 4.47% of Ethereum Provide With $12.3B Asset Base

Bitmine Immersion Applied sciences disclosed that its whole crypto, money and “moonshot” holdings have climbed to $12.3 billion, as the corporate continues to construct one of many largest public-market ethereum treasuries.

As of Could 25, BitMine held 5,390,404 ETH, valued at $2,134 per token, together with 203 bitcoin and $444 million in money. The corporate stated its ether place represents 4.47% of ethereum’s whole provide of 120.7 million cash.

That places Bitmine about 89% of the way in which towards what Chairman Tom Lee has referred to as the corporate’s “Alchemy of 5%” goal. Lee stated Bitmine added 111,942 ETH over the previous week and expects to achieve the 5% threshold someday in 2026.

“We proceed to anticipate a supercycle forward for crypto and ethereum,” Lee remarked, pointing to Wall Road tokenization and agentic AI as long-term drivers for demand on public, impartial blockchains.

The corporate just lately moved its itemizing to the New York Inventory Alternate from NYSE American. The uplisting took impact on April 9, 2026, with Bitmine persevering with to commerce beneath the ticker BMNR.

Bitmine can be leaning more durable into staking with 4,712,917 ETH, value about $10.1 billion at present staked. That represents greater than 87% of its whole ETH holdings.

The corporate’s staking push is tied to MAVAN, the Made in America Validator Community. BitMine describes MAVAN as an institutional-grade staking platform constructed for safety, efficiency, and resilience. It was first developed for the corporate’s personal treasury, however Bitmine plans to increase entry to institutional buyers, custodians, and ecosystem companions.

Bitmine staked ETH vs staking income. Supply: Bitmine

Lee stated Bitmine’s annualized staking income has reached $276 million, primarily based on a 2.75% seven-day annualized BMNR yield. He added that the determine may scale as extra of the corporate’s ETH is staked via MAVAN and its companions.

Bitmine additionally reported strategic stakes outdoors its core crypto holdings. These embrace a $200 million place in Beast Industries and a $95 million stake in Eightco Holdings, which trades on Nasdaq beneath the ticker ORBS. Bitmine stated Eightco presents public-market buyers oblique publicity to OpenAI.

BitMine shares have additionally turn into extremely liquid. Citing Fundstrat information, the corporate stated BMNR traded a mean of $572 million per day over 5 classes via Could 22, rating 193rd amongst 5,704 U.S.-listed shares.



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