Bitmine holds 4.47 million ETH, or 3.71% of supply, with total crypto, cash and equity stakes valued at $9.9 billion.
Bitmine increased holdings to 4.42 million ETH, controlling 3.66% of supply and generating $171 million staking revenue.
Tom Lee's BitMine said its ether treasury has climbed to 4.37 million ETH as the firm continues aggressive accumulation market prices.
BitMine added 40,613 ether last week, bringing its total holdings to 4.33 million ETH, representing 3.58% of the circulating supply.
BitMine chairman Tom Lee said unrealized losses on the firm’s Ethereum treasury holdings are "a feature, not a bug."
BitMine Immersion Technologies has expanded its ether treasury to around 4.29 million ETH after a fresh round of purchases.
BitMine added more than 35,000 ETH over the past week while expanding staking across multiple providers ahead of its planned MAVAN launch.
Standard Chartered forecasts Ethereum outperformance versus Bitcoin, citing network effects and growing real-world asset adoption.
Tom Lee said BitMine is seeing improving market conditions roughly eight weeks after October’s liquidation shock.
Chairman Tom Lee said the firm acquired 96,798 ETH in the past week alone, a 39% weekly increase, despite market turbulence.
BitMine purchased about 203,800 ETH over the last week, taking its total to 3.24 million ETH and combined crypto and cash to $1.34 billion.
SharpLink’s pivot from online gaming has turned it into one of the largest public Ethereum treasuries, with more than 830,000 ETH.