Tom Lee's Bitmine adds 101,745 ETH in a week — staked holdings now top $10B

Bitmine, the vehicle associated with Fundstrat's Tom Lee, purchased 101,745 ETH worth approximately $238 million last week, bringing total holdings to 5,180,131 ETH — valued at roughly $12.11 billion at current prices.

The firm has staked 4,362,757 ETH, representing 84.22% of its entire position and a staked value of around $10.2 billion. That staking ratio signals a long-duration conviction play, not a trading position — Bitmine is locking yield while accumulating.

The scale of the buy puts Bitmine among the largest institutional ETH holders on record, and the aggressive staking posture adds structural demand to the validator set at a time when institutional appetite for ETH yield is still building.