{"id":71541,"date":"2026-04-23T08:53:59","date_gmt":"2026-04-23T08:53:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation\/"},"modified":"2026-04-23T08:53:59","modified_gmt":"2026-04-23T08:53:59","slug":"tom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tom-lees-bitmine-adds-101627-eth-worth-233-million-in-its-largest-2026-accumulation\/","title":{"rendered":"Tom Lee&#8217;s Bitmine Adds 101,627 ETH Worth $233 Million in Its Largest 2026 Accumulation"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><strong>Key Takeaways:<\/strong> <\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400\">Tom Lee\u2019s Bitmine acquired 101,627 <span>ETH<\/span> worth $233 million from Bitgo, its largest weekly buy of 2026. <\/span><\/li>\n<li><span style=\"font-weight:400\">The purchase brings Bitmine\u2019s total ether holdings to approximately 4.97 million <span>ETH<\/span> across its treasury. <\/span><\/li>\n<li><span style=\"font-weight:400\">Three newly created wallets received the <span>ETH<\/span> from Bitgo, consistent with Bitmine\u2019s ongoing accumulation strategy.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight:400\">Fresh Wallets, Biggest Buy of the Year<\/span><\/h2>\n<p><span style=\"font-weight:400\">Data online<\/span><span style=\"font-weight:400\"> shows three newly created wallets receiving 101,627 ether from Bitgo, one of the largest institutional digital asset custodians in the United States. Onchain analysts have linked the wallets to Bitmine, the listed ethereum treasury company that trades under the ticker BMNR on the New York Stock Exchange.<\/span><\/p>\n<p><span style=\"font-weight:400\">The purchase is Bitmine\u2019s largest single-week ethereum acquisition of 2026 and arrives as ether stabilizes above $2,300 following <span>volatility<\/span> triggered by the <a href=\"https:\/\/news.bitcoin.com\/certik-analyst-kelpdao-exploit-reveals-high-stakes-shift-in-cross-chain-cybercrime\/\">KelpDAO exploit<\/a> earlier this week.<\/span><\/p>\n<figure id=\"attachment_808586\" aria-describedby=\"caption-attachment-808586\" style=\"width:982px\" class=\"wp-caption alignnone\"><figcaption id=\"caption-attachment-808586\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p>The use of freshly created wallets is consistent with Bitmine\u2019s approach of separating new acquisitions from its existing holdings, a strategy that simplifies <span>staking<\/span> management and onchain auditing for institutional observers.<\/p>\n<h2><span style=\"font-weight:400\">Closing in on 5% of Ethereum\u2019s Supply<\/span><\/h2>\n<p><span style=\"font-weight:400\">The Thursday purchase brings Bitmine\u2019s total ether holdings to approximately 4.97 million <span>ETH<\/span>, placing the firm within striking distance of holding 5% of Ethereum\u2019s entire circulating supply. The company previously <\/span><a href=\"https:\/\/news.bitcoin.com\/bitmine-tom-lee-staked-eth-7-billion\/\"><span style=\"font-weight:400\">staked<\/span><\/a><span style=\"font-weight:400\"> 61,232 <span>ETH<\/span> in a move that brought its total staked position to $7.88 billion, with annualized <span>staking<\/span> revenue of approximately $212 million at a 7-day yield of 2.89%. Around 68% of Bitmine\u2019s holdings are currently staked.<\/span><\/p>\n<p><span style=\"font-weight:400\">Bitmine was uplisted from NYSE American to the New York Stock Exchange on April 9, significantly raising its institutional profile. Its average daily dollar <span>volume<\/span> of $747 million now ranks it 117th among all US-listed equities, an unusual position for a company whose core business is holding and <span>staking<\/span> a single <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> asset.<\/span><\/p>\n<p> <!-- --> <\/p>\n<p><span style=\"font-weight:400\">Tom Lee has framed ether as \u201cthe wartime store of value\u201d and has previously signaled that <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> winter conditions could end sooner than markets expect. Thursday\u2019s purchase, the firm\u2019s largest onchain move of the year, is the clearest expression yet of that conviction. Grayscale <\/span><a href=\"https:\/\/news.bitcoin.com\/grayscale-hints-at-bull-market-setup-as-bitcoin-holds-critical-breakeven-level\/\"><span style=\"font-weight:400\">recently flagged<\/span><\/a><span style=\"font-weight:400\"> a <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bull market<\/a> setup forming as <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> holds a critical breakeven level for recent buyers, a signal that several institutional players appear to be acting on simultaneously.<\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitmine-buys-101627-eth-233-million-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Tom Lee\u2019s Bitmine acquired 101,627 ETH worth $233 million from Bitgo, its largest weekly buy of 2026. The purchase brings Bitmine\u2019s total ether holdings to approximately 4.97 million ETH across its treasury. Three newly created wallets received the ETH from Bitgo, consistent with Bitmine\u2019s ongoing accumulation [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":71542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71541"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71541"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71542"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}