Bitmine Adds 9,587 ETH as Tom Lee Hails ‘Seismic Shift’ for Ethereum
Bitmine adds 9,587 Ethereum as Tom Lee calls Vitalik Buterin’s “ETH is money” declaration a seismic shift.
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Bitmine Immersion Technologies announced its latest asset holdings, reporting approximately $14.3 billion in total assets including over 6 million ETH.
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Bitmine adds 9,587 Ethereum as Tom Lee calls Vitalik Buterin’s “ETH is money” declaration a seismic shift.
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Major digital asset treasury companies like Strategy and Bitmine continue buying Bitcoin and Ethereum despite slowing their pace compared to a year ago. Strategy holds 4% of Bitcoin's supply and remains a net buyer, while Bitmine controls 4.9% of Ethereum's supply. The author argues this sustained demand from large institutional buyers creates supply pressure that should support long-term price appreciation for both cryptocurrencies.
Bitmine Immersion Technologies announced that its total treasury holdings, including Ethereum, Bitcoin, cash, and strategic investments, reached $14.5 billion as of November 2, 2026.
Bitmine Immersion Technologies, Inc. has scheduled an ex-dividend date of November 3, 2026, for its 9.5% Series A Cumulative Preferred Stock, with a dividend payment of $0.1847 per share.