BitMine Just Added Another $75 Million in ETH
Sep 21, 2026
Tom Lee's BitMine keeps stacking Ethereum, adding 27,562 ETH in a single week and pushing its total holdings toward 6 million coins.
Another Big Week for BitMine
Tom Lee's BitMine just keeps buying. The company added 27,562 ETH, worth roughly $75 million, over the past week. That brings its total stash to 5,983,940 ETH — basically 6 million coins, or about 4.9% of the entire Ethereum supply.
To put that in perspective, more than 5 million of those coins are already staked, so BitMine isn't just sitting on a pile of ETH — it's earning yield on almost all of it while it waits.
Why This Matters
Lee has been vocal about institutions still being underweight crypto, and BitMine's buying pattern backs that up. Every week seems to bring another chunky purchase, and the company shows no sign of slowing down.
Whether you think this is smart treasury management or just a very confident bet on Ethereum's future, one thing is clear: BitMine is now one of the biggest single holders of ETH anywhere, and traders are watching its next move closely.