“The giant continues its large-scale acquisitions. BitMine, the company founded by Thomas “Tom” Lee, has once again made headlines by announcing another large-scale acquisition of Ethereum (ETH). Ethereum’s largest treasury company continues to widen the gap with its competitors and is getting closer to its ultimate goal of owning 5% of all Ether! Key points of this article: BitMine has announced a major new acquisition […]”, — write: businessua.com.ua
The giant continues its large-scale acquisitions. BitMine the company founded by Thomas “Tom” Lee, has made headlines once again by announcing about another large-scale acquisition of Ethereum (ETH) . The biggest Ethereum treasury company continues to widen the gap with its competitors and moves closer to its ultimate goal: ownership 5% all the air!
Key points of this article:
- BitMine has announced a new large-scale acquisition of 40,302 ethers, which will further strengthen its dominant position in the market.
- having At 3.52% of the total Ether circulation, BitMine aims to own 5% of all Ether, widening the gap with its competitors.
In a press release issued on Monday, January 26, 2026, BitMine Immersion Technologies revealed several updates for the company, including its massive reserve of treasury funds in ethers in the blockchain network Ethereum .
Additional ones have recently been purchased 40,302 ETH which brought BitMine’s cryptocurrency treasury to over 4.24 million ethers ! At the current price of Ethereum’s native cryptocurrency, this amounts to approx 12.3 billion dollars .
“We see 2026 as the year when politicians and world leaders recognize digital assets as essential to the future of the financial system. Ethereum remains the most widely used and most trusted blockchain on Wall Street, with no downtime since its inception. Last week we purchased 40,302 ETH. The price ratio of Ethereum to Bitcoin, or ETHBTC, has been rising steadily since mid-October. We believe this reflects investor recognition that tokenization and other use cases developed by Wall Street depend on Ethereum.”
Thomas “Tom” Lee, President of Bitmine Immersion Technologies
Ethereum’s largest treasury company already owns 3.5% of all ether. Thanks to these re-acquisitions of BitMine strengthens its dominance on the Ethereum market. According to a press release, the public company (BMNR stock) currently owns 3.52% of the total ETH in circulation . It is declared goal — to achieve 5% from the total amount.
According to Coinglass, its closest competitor, SharpLink Gaming has only 863,000 ethers which is almost 5 times more than BitMine.
In addition to its ETH holdings, BitMine also holds a small amount Bitcoin . More precisely, 183 BTC which at the current price of the leading cryptocurrency is worth approx 16.2 million dollars .
Tom Lee’s aggressive buying strategy, combined with an ambitious goal to hold a significant share of the total Ethereum supply, gives it undisputed dominance among listed companies hoarding ether in their Treasuries. In general, only a giant Strategy (with almost 710,000 bitcoins) remains ahead of BitMine among digital Treasuries ( DAT ).
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