{"id":89411,"date":"2026-01-26T15:28:17","date_gmt":"2026-01-26T15:28:17","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/01\/26\/tom-lees-bitmine-acquires-40302-eth-as-whales-double-down-on-eth\/"},"modified":"2026-01-26T15:28:17","modified_gmt":"2026-01-26T15:28:17","slug":"tom-lees-bitmine-acquires-40302-eth-as-whales-double-down-on-eth","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/01\/26\/tom-lees-bitmine-acquires-40302-eth-as-whales-double-down-on-eth\/","title":{"rendered":"Tom Lee’s Bitmine Acquires 40,302 ETH as Whales Double Down On ETH"},"content":{"rendered":"


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Bitmine disclosed a recent improve in its Ethereum holdings throughout the remaining week of January. The replace provides to a sequence of current disclosures tied to giant Ethereum positions held by establishments and company entities.<\/span><\/p>\n

Bitmine Expands Ethereum Treasury to $12.8 Billion<\/strong><\/h2>\n

According to a current press release<\/a>, digital asset firm Bitmine, which Tom Lee chairs, elevated its publicity to Ethereum after shopping for 40,302 ETH final week. The agency stated it had $12.8 billion in mixed cryptocurrency and money holdings as of January 25.<\/span><\/p>\n

This announcement comes only a week after BitMine announced that it acquired 35,268 ETH<\/a>. It now holds 4.2 million ETH, alongside 193 Bitcoin, and has $682 million in money available. The firm\u2019s ETH holdings account for roughly 3.52% of whole circulation. Meanwhile, it’s value noting that its whole staked ETH stands at simply over 2 million.\u00a0<\/span><\/p>\n

The firm <\/span>additionally revealed its strategic fairness except for digital belongings. <\/span>It has a $200 million curiosity in Beast Industries and $19 million put aside for moonshot investments. CoinGape had reported BitMine\u2019s $200 million investment in MrBeast\u2019s company<\/a>, which Tom Lee defined was a part of plans to spice up ETH\u2019s mainstream adoption.\u00a0<\/span><\/p>\n

BMNR Stock Slips as Whale Ethereum Accumulation Continues<\/strong><\/h2>\n

However, regardless of the magnitude of the purchases, the inventory of Bitmine declined after the announcement. Data from Yahoo Finance reveals that the corporate\u2019s inventory, BMNR, is buying and selling round $28.52. The crypto inventory is down amid the decline within the crypto market, led by Bitcoin and Ethereum.\u00a0<\/span><\/p>\n

\"BMNR\"BMNR
Source: Yahoo Finance; BMNR Daily Chart<\/figcaption><\/figure>\n

Amid the decline, there was a notable improve in Ethereum whales\u2019 accumulation. In an X publish, Onchain Lens revealed {that a} new pockets bought 61,000 ETH, valued at $171.15 million, from Binance. Another whale purchased 20,000 ETH from Wintermute. The second whale at the moment owns 100,130 ETH, which is valued at $283.79 million.<\/p>\n

As CoinGape reported earlier, the institutional shifts available in the market weren’t restricted to Bitmine. World Liberty Financial offloaded over $8 million<\/a> in Wrapped Bitcoin for two,868.4 ETH, at a mean worth of $2,813. The transaction was among the many bigger cryptocurrency actions available in the market in the previous couple of months.<\/span><\/p>\n<\/p><\/div>\n


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Bitmine disclosed a recent improve in its Ethereum holdings throughout the remaining week of January. The replace provides to a sequence of current disclosures tied to giant Ethereum positions held by establishments and company entities. Bitmine Expands Ethereum Treasury to $12.8 Billion According to a current press release, digital asset firm Bitmine, which Tom Lee […]<\/p>\n","protected":false},"author":1,"featured_media":89413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[608,13286,1457,288,13285,2063,63],"class_list":{"0":"post-89411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoin","8":"tag-acquires","9":"tag-bitmine","10":"tag-double","11":"tag-eth","12":"tag-lees","13":"tag-tom","14":"tag-whales"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/89411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=89411"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/89411\/revisions"}],"predecessor-version":[{"id":89412,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/89411\/revisions\/89412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/89413"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=89411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=89411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=89411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}