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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