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James Hunt

Tom Lee's BitMine lifts Ethereum treasury to 4.17 million ETH as staking balance nearly doubles

Tom Lee-chaired BitMine Immersion has increased its Ethereum holdings to 4,167,768 ETH after purchasing an additional 24,266 ETH, bringing its combined crypto and cash reserves to $14 billion. The firm now controls over 3.45% of Ethereum's circulating supply and has ramped up its staked ETH to 1,256,083 ETH, almost double the level of the previous week.