Tom Lee’s Bitmine Immersion Adds 32,977 ETH, Lifts Crypto and Cash Holdings to $14.2B

Bitmine Immersion Technologies, chaired by Fundstrat co-founder Tom Lee, has continued to aggressively expand its Ethereum treasury, acquiring 32,977 ETH in the past week despite slower market activity toward the end of 2025. The purchase brings Bitmine’s total crypto, cash, and strategic investment holdings to $14.2 billion. As of January 4, Bitmine held 4.14 million ETH, representing approximately 3.43% of the total Ethereum supply, alongside 192 BTC and $915 million in cash. The company describes its ...