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Tom Lee’s BMNR ETH holdings rise above 4.1 million tokens

Tom Lee’s BMNR ETH holdings rise above 4.1 million tokens

Bitmine Immersion Technologies (BMNR) said its combined crypto, cash and higher-risk “moonshot” investments have reached $13.2 billion, driven by an ether position that now totals more than 4.1 million tokens.

The firm in a Monday press release said the holdings make it the world’s largest publicly owned ether treasury and place it second globally among corporate crypto treasuries, behind bitcoin-only Strategy (MSTR).

As of Dec. 28, Bitmine said it held 4,110,525 ETH, along with 192 bitcoin, a $23 million stake in Eightco Holdings and $1 billion in cash.

The ether position represents about 3.41% of the network’s circulating supply of roughly 120.7 million ETH, putting the company about two-thirds of the way toward…

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