Tom Lee's BitMine Now Holds Over 5 Million Ethereum

Tom Lee's BitMine has significantly increased its Ethereum holdings in recent months. As of September 7th, BitMine held approximately 5.93 million ETH, which accounts for about 4.9% of Ethereum's total supply.

This is a substantial portion of the circulating supply and represents a significant increase since the company launched its Ethereum treasury strategy on June 30, 2025. The current value of these assets is approximately $14.79 billion, assuming an Ethereum price of $2,495.

In addition to Ethereum, BitMine's balance sheet includes 211 Bitcoin (BTC) and approximately $593 million worth of cash and securities. The company has been regularly buying ETH every week since it launched its strategy.