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Tom Lee’s Bitmine accelerates Ethereum buying with 71,252 ETH, largest weekly haul since December

The Block
Bitmine Immersion Technologies acquired 71,252 ETH last week, bringing its total holdings to 4.803 million ETH, representing nearly 4% of the circulating supply.

Summary

Bitmine Immersion Technologies, the world’s largest Ethereum treasury, purchased 71,252 ETH during the week ending April 5, marking its largest weekly accumulation since December 2025. This move brings the company's total holdings to 4.803 million ETH, approximately 3.98% of the total supply, as it moves toward a stated goal of 5%. Executive Chairman Tom Lee highlighted Ethereum's performance as a "wartime store of value" amid global conflicts, noting its outperformance against the S&P 500 and gold.

(Source:The Block)