
{"id":123707,"date":"2025-12-30T10:12:37","date_gmt":"2025-12-30T10:12:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=123707"},"modified":"2025-12-30T10:12:37","modified_gmt":"2025-12-30T10:12:37","slug":"tom-lees-bitmine-aggressively-adds-44k-ethereum-now-controls-3-4-of-total-supply","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=123707","title":{"rendered":"Tom Lee\u2019s BitMine Aggressively Adds 44k Ethereum, Now Controls 3.4% of Total Supply"},"content":{"rendered":"<p>Name one single good thing that Ethereum does.<strong> *crickets*.\u00a0<\/strong>Well, regardless that hasn\u2019t stopped the Ethereum Grayscale price from some positive news heading into 2026.<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">Bitmine Immersion Technologies<\/a> is swallowing the <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Ethereum<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">ETH<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$2,981.01<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">2.90%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Ethereum<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">ETH<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$2,981.01<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">2.90% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$18.37B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t\u00a0 supply whole. Ahead of its January 2026 annual meeting, the firm revealed $13.2 Bn in assets, anchored by a 4.11 Mn ETH position that now represents more than 3% of global ether supply.<\/p>\n<p>\u201cYear-end tax-loss related selling is pushing down crypto and crypto equity prices, and this effect tends to be greatest from 12\/26 to 12\/30,\u201d said Tom Lee.<\/p>\n<p>At this pace, Bitmine is reshaping its<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">ownership map for ETH<\/a> and has even bigger plans for 2026. Here\u2019s what to know:<\/p>\n<h2>Ethereum Grayscale Price Crashing? Tom Lee Says Don\u2019t Worry, Be Happy<\/h2>\n<p>(Source: TradingView)<\/p>\n<p>Bitmine has already staked 408,627 ETH, worth roughly $1.2 Bn, as it prepares to launch its <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">Made in America Validator Network<\/a>, or MAVAN, in early 2026. Using the CESR benchmark staking rate of 2.81%, Lee estimates annual staking income north of $370 Mn once fully deployed.<\/p>\n<p>That is more than $1 Mn per day in protocol-native yield, before any price appreciation.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<p>This is where Lee\u2019s strategy diverges from earlier crypto treasury companies. <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">BTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$87,644.27<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">1.68%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">BTC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$87,644.27<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">1.68% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$33.49B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t treasuries rely on supply and scarcity narratives, while Ethereum treasuries generate income <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"noopener\">through staking<\/a>.<\/p>\n<p> BITMINE STAKING <\/p>\n<p>MAVAN = Made in America Validator Network<br \/>Launching Q1 2026<\/p>\n<p>BitMine took their time for a reason they spent months finding 3 elite partners that met their institutional-grade criteria:<\/p>\n<p>1\u20e3 Safe + secure operations<br \/>2\u20e3 Strong performance &amp; yield generation\u2026 <a href=\"https:\/\/t.co\/j7RusTb0rA\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/j7RusTb0rA<\/a><\/p>\n<p>\u2014 BMNR Bullz (@BMNRBullz) <a href=\"https:\/\/twitter.com\/BMNRBullz\/status\/1991872574125396372?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 21, 2025<\/a><\/p>\n\n<p><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/\" target=\"_blank\" rel=\"noopener\">CoinGecko data<\/a> places ETH near $2,950 as of late December, down sharply from November highs but still supported by strong on-chain activity.<\/p>\n<p>Glassnode metrics show staking participation near all-time highs, reinforcing ETH\u2019s transition from speculative asset to productive capital. Meanwhile, <a class=\"general-link\" href=\"https:\/\/fred.stlouisfed.org\/series\/FEDFUNDS\" target=\"_blank\" rel=\"noopener\">FRED data<\/a> confirms that real yields remain volatile heading into 2026, keeping demand strong for alternative yield sources outside traditional credit.<\/p>\n<p>Lee\u2019s direction for his ETH treasury will culminate during Bitmine\u2019s Annual Stockholder Meeting at the Wynn Las Vegas on January 15, 2026.<\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>Institutions Are Paying Attention to ETH Heading Into 2026, Should You?<\/h2>\n<p>Bitmine\u2019s investor roster reads like a who\u2019s who of crypto capital, including ARK Invest, Pantera Capital, Galaxy Digital, and Digital Currency Group. It\u2019s all the cool kids in crypto\u2026 except for 99Bitcoins, of course.<\/p>\n<p>All of this support matters as regulatory clarity improves under the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-stocks\/\" target=\"_blank\" rel=\"noopener\">GENIUS Act<\/a> and the SEC\u2019s Project Crypto, which Lee compared to the 1971 end of Bretton Woods in terms of long-term market impact.<\/p>\n<p>If Ethereum becomes the yield-bearing base layer for global finance, owning 5% of its supply might be a genius move for Lee. But if ETH keeps trading the way it is now, he\u2019ll look like the next Enron CEO.<\/p>\n<p><strong>EXPLORE:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/seeking-a-career-change-become-a-bitcoin-bounty-hunter-in-fordow-iran\/\" target=\"_blank\" rel=\"noopener\"> Seeking a Career Change? Become a Bitcoin Bounty Hunter in Fordow, Iran<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>         Bitmine has already staked 408,627 ETH, worth roughly $1.2 Bn, as it prepares to launch its Made in America Validator Network     <\/p>\n<p>         CoinGecko data places ether near $2,950 as of late December, down sharply from November highs.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/tom-lees-bitmine-aggressively-adds-44k-ethereum-now-controls-3-4-of-total-supply\/\">Tom Lee\u2019s BitMine Aggressively Adds 44k Ethereum, Now Controls 3.4% of Total Supply<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Name one single good thing that Ethereum does. *crickets*.\u00a0Well, regardless that hasn\u2019t stopped the Ethereum Grayscale price from some positive news heading into 2026. Bitmine Immersion Technologies is swallowing the Ethereum ETH $2,981.01 2.90% Ethereum ETH Price $2,981.01 2.90% \/24h Volume in 24h $18.37B &lt;!&#8211; ? &#8211;&gt; Price 7d Learn more \u00a0 supply whole. Ahead [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-123707","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/123707"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=123707"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/123707\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=123707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=123707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=123707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}