Fundstrat's Tom Lee-backed Bitmine added 101,745 <a class="ticker-mention" href="/en-US/token/eth">ETH</a> ($238M) last week, bringing its total holdings to 5,180,131 ETH — valued at roughly $12.11 billion at current prices. The purchase signals continued institutional conviction in Ethereum as a core treasury asset.
What stands out is the staking posture: Bitmine has staked 4,362,757 ETH ($10.2B), representing 84.22% of its total position. That level of commitment to staking isn't passive accumulation — it's a deliberate yield strategy that also reduces liquid sell pressure on the open market.
At this scale, Bitmine is one of the largest known institutional ETH holders, and its staking ratio puts it well ahead of most corporate treasury playbooks.
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