Tom Lee’s Bitmine Immersion Adds 99,000 ETH Boosting Holdings to 4.07M ETH

Bitmine Immersion Technologies has disclosed that it now controls 3.37% of the total Ethereum token supply, marking a major milestone in its stated ambition to acquire 5% of all ETH—a target it refers to as the “Alchemy of 5%.” The update was released on Monday as part of a broader announcement detailing the company’s rapidly expanding crypto treasury and capital market footprint. As of December 21, Bitmine reports holdings of 4,066,062 ETH valued at approximately $2,991 per token, alongside 193 Bitcoin ...