Tom Lee's BitMine reports 4,243,338 ETH on January 26, equal to 3.52% of supply

On January 26, BitMine Immersion Technologies disclosed holding 4,243,338 ETH, about 3.52% of Ethereum's circulating supply and worth roughly $12 billion at disclosure. The firm said total crypto, cash, and equity assets are $12.8 billion, and as of January 25 it had staked 2,009,267 ETH while pursuing a 5% supply target.