BitMine Immersion Technologies, led by Chair Tom Lee, has amassed approximately $1.5 billion in Ether since the October 2025 crypto crash.
The significant accumulation highlights institutional confidence in Ethereum’s long-term potential, affecting market liquidity and signaling broader shifts in digital asset strategies.
BitMine Secures $1.5 Billion in Ether
BitMine Immersion Technologies has amassed $1.5 billion in Ether (ETH) since the October 2025 crash. This aggressive accumulation occurred through OTC desks like FalconX and BitGo during heightened market volatility.
The company, chaired by Tom Lee, now holds over 3 million ETH, equivalent to 2.5% of the total supply. This move has drawn significant institutional and market attention, raising questions about the sustainability of digital asset treasuries. According to Tom Lee, Chair of BitMine Immersion Technologies,
“ETH could reach between $12,000 and $15,000 by the end of 2025, citing Ethereum’s expanding role in tokenization, decentralized finance, and AI-driven infrastructure.”
Corporate Treasuries and ETFs Hold Over 12.8M ETH
Exchange reserves have declined significantly as more ETH moves to cold storage. Notably, corporate treasuries and ETFs now hold over 12.8 million ETH, reflecting a shift in market dynamics.
Potential outcomes involve reduced short-term trading liquidity and increased institutional holding. Historically, similar strategies by firms like MicroStrategy significantly influenced market perceptions and valuation of assets. Data supports this trend.
BitMine Strategy Mirrors MicroStrategy’s Bitcoin Moves
Historical comparisons are drawn with MicroStrategy’s Bitcoin accumulation, as BitMine’s strategy mirrors similar tactics intended to reshape asset market positions. Crypto crashes have previously led to substantial treasury moves.
Experts suggest that institutional interest in Ethereum is rising due to its expanding role in DeFi and tokenization. Data indicates that such strategies could have long-term effects on network and market evolution.
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