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- BitMine purchased an additional $19.4 million worth of Ethereum in its latest acquisition
- Total ETH holdings now exceed 6.06 million tokens, valued at approximately $14.5 billion
- Fundstrat’s Tom Lee, on BitMine’s advisory board, confirmed the purchase and endorsed the strategy
- BitMine has become one of the largest known corporate Ethereum treasury holders globally
Fresh $19.4M ETH Purchase Confirmed
BitMine Immersion Technologies completed a $19.4 million Ethereum purchase, adding to its growing ETH treasury. Tom Lee of Fundstrat, who serves on BitMine’s advisory board, confirmed the acquisition and highlighted it as consistent with the company’s long-term Ethereum accumulation thesis.
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BitMine provided its latest holdings update for October 26, 2026$15.0 billion in total crypto + “moonshots”:
– 6,051,933 ETH at $2,356 per ETH (per @coinbase)
– 215 Bitcoin (BTC)
– $180 million stake in Beast Industries @MrBeast
– $76 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and
– total cash and marketable securities of $514 million.Ticker:
$BMNR common equity
$BMNP 9.5% perpetual preferred, dividends paid weekly
Chairman: Tom Lee @fundstrat
Link ⛓️
https://t.co/boeXEl9b6C— Bitmine (NYSE-BMNR) $ETH $BMNP (@BitMNR) October 26, 2026
Holdings Cross 6M ETH
The company now has more than 6.06 million Ethereum in its holdings. At today’s prices, it would be worth around $14.5 billion, giving it one of the largest exposures to Ethereal among publically listed companies.
Ethereum-Focused Treasury Strategy
The company now has more than 6.06 million Ethereum in its holdings. At today’s prices, it would be worth around $14.5 billion, giving it one of the largest exposures to Ethereal among publically listed companies.Tom Lee’s Role & Endorsement
Tom Lee, a co-founder of Fundstrat, has been highly outspoken about the BitMine Ethereum strategy. Having served as an advisor on the BitMine team, he has helped bring awareness to the strategy in the form of public endorsements which have attracted interest from many institutions and retail players.
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