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Tom Lee's BitMine Crosses $10B in Holdings

Tom Lee is more than 1/3 of the way to his goal of owning 5% of ETH's circulating supply.
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Sep 15, 2025 • 1 min read

Ethereum mega-whale BitMine Immersion has officially crossed $10 billion in crypto and cash reserves, cementing its lead as the largest ETH treasury holder on the market.

What’s the Scoop?

  • ETH Hoard Grows: BitMine bought another 82,000 ETH last week, pushing its total to 2.15 million ETH worth $9.75B. It also holds 192 BTC and $569M in cash.
  • Top ETH Whale: BitMine now dwarfs other Ethereum-focused treasuries, with Joe Lubin’s SharpLink and The Ether Machine holding 837K and 495K ETH, respectively.
  • Wall Street Backing: Backed by names like Cathie Wood, Founders Fund, Pantera, Kraken, and Galaxy Digital, BitMine is aiming for 5% of all ETH in circulation — roughly 6.04M ETH.

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