Bitmine, led by Tom Lee, adds 19,200 ETH to its staking portfolio, bringing the total to 109,504 ETH valued at $344.4 million. This move highlights the growing importance of Ethereum’s staking ecosystem and the transition to Proof of Stake (PoS).
Tom Lee predicts a “joy, depression, and rally” scenario for the stock market in 2026, with a choppy start and a strong finish.
Tom Lee predicts Ethereum could reach $250,000 as BitMine Immersion Technologies expands its $13 billion Ethereum holdings, reflecting growing confidence in the cryptocurrency’s future.
Tom Lee’s Bitmine Immersion Technologies has expanded its Ethereum treasury by acquiring 32,977 ETH, bringing its total crypto and cash holdings to $14.2 billion, reinforcing a bullish stance on Ethereum and the crypto market.
BitMine’s proposal to expand its authorized share count has faced significant backlash from shareholders, with five key arguments highlighting concerns over dilution, transparency, corporate governance, market perception, and risk management.
Tom Lee proposes increasing BitMine’s authorized share limit to 50 billion to enable future stock splits and align its valuation with Ethereum’s growth.
Tom Lee pushes for a significant share expansion at BitMine to support its Ethereum-focused growth strategy, aiming to minimize dilution and capitalize on Ethereum’s rising prominence.
South Korean retail investors continue to show strong interest in BitMine Immersion Technologies, despite an 80% value collapse, highlighting the unique characteristics of the country’s crypto market.
BitMine secures 32,938 ETH amid year-end tax-loss selling and bot activities, capping gains according to Fundstrat’s Tom Lee. The strategic move highlights the importance of accumulating ETH during market downturns.
Explore the latest crypto developments for 2026, including Tom Lee’s ETH investments, institutional adoption, trading volume surges, regulatory challenges, and cultural collaborations.