Bitmine Acquires Another 32,447 Ether, Total Holdings Now Over $14.7 Billion

Tom Lee's Bitmine Immersion has acquired another 32,447 ether, bringing its total holdings to 5,847,611 ETH, worth around $14.7 billion at current prices.

The company did not disclose the average purchase price of its latest acquisition, but at current prices, it is valued at approximately $81.5 million.

'ETH gained 30% in the past week,' Lee said, 'this is the largest weekly gain since May 2025, prior to that it was July 2021.'

Lee believes this upside move in ETH was overdue given the strengthening fundamentals in crypto, Wall Street tokenization, and agentic-AI.