{"id":91504,"date":"2026-03-02T15:09:54","date_gmt":"2026-03-02T15:09:54","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/02\/ethereum-treasury-bitmine-adds-50928-eth-as-tom-lee-predicts-march-bottom-for-crypto-prices\/"},"modified":"2026-03-02T15:09:55","modified_gmt":"2026-03-02T15:09:55","slug":"ethereum-treasury-bitmine-adds-50928-eth-as-tom-lee-predicts-march-bottom-for-crypto-prices","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/02\/ethereum-treasury-bitmine-adds-50928-eth-as-tom-lee-predicts-march-bottom-for-crypto-prices\/","title":{"rendered":"Ethereum Treasury BitMine Adds 50,928 ETH as Tom Lee Predicts March Bottom For Crypto Prices"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\">\n<p><span style=\"font-weight: 400;\">Tom Lee\u2019s Bitmine Immersion Technologies disclosed that it holds 3,040,483 staked Ethereum value $6.0 billion at $1,976 per token. The firm stated it now owns 3.71% of Ethereum\u2019s 120.7 million provide whereas advancing its MAVAN staking community towards a Q1 2026 launch. Bitmine additionally confirmed complete crypto, money, and \u201cmoonshot\u201d holdings of $9.9 billion, together with a not too long ago closed $200 million funding in Beast Industries.<\/span><\/p>\n<h2><b>Bitmine Expands Ethereum Holdings and Staking<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">In a <\/span><a href=\"https:\/\/www.prnewswire.co.uk\/news-releases\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-474-million-tokens-and-total-crypto-and-total-cash-holdings-of-9-9-billion-302700616.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">press release<\/span><\/a><span style=\"font-weight: 400;\">, Bitmine acquired 50,928 ETH previously week, citing the latest pullback as engaging. The firm stated Ethereum\u2019s value doesn&#8217;t mirror its utility or long-term monetary function. As a consequence, complete holdings reached 4,473,587 ETH valued at $1,976 per token.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, Bitmine reported 195 Bitcoin and $868 million in complete money. The agency additionally holds a $14 million stake in Eightco Holdings and the $200 million Beast Industries funding. Consequently, mixed crypto, money, and \u201cmoonshots\u201d now complete $9.9 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tom Lee said that 3.0 million ETH, or about 68% of holdings, stay staked. Annualized staking income stands at $172 million based mostly on present yields. At full scale by way of MAVAN and companions, staking rewards might attain $253 million yearly utilizing a 2.86% seven-day yield.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lee added that Bitmine works with three staking suppliers as it prepares MAVAN for deployment in early 2026. The Composite Ethereum Staking Rate stands at 2.83%, based on firm figures. Meanwhile, Bitmine\u2019s personal operations generated a 2.86% annualized seven-day yield.<\/span><\/p>\n<h2><b>Treasury Scale, Market Position, and Peer Comparison<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Bitmine\u2019s Ethereum treasury ranks first globally amongst ETH-focused entities. The firm can also be second to Michael Saylor\u2019s Strategy amongst international crypto treasuries. As Coingape reported, <\/span><a href=\"https:\/\/coingape.com\/michael-saylors-strategy-adds-3015-btc-as-bitcoin-holds-steady-despite-u-s-iran-war\/\"><span style=\"font-weight: 400;\">Strategy added 3,015 BTC<\/span><\/a><span style=\"font-weight: 400;\">. As of the identical March 1 disclosure, Bitmine\u2019s Ethereum holdings signify 3.71% of the overall provide.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The agency described this as over 74% towards its said \u201cAlchemy of 5%\u201d goal. Lee stated the corporate continues to amass ETH whereas optimizing staking yield. However, market volatility has weighed on paper valuations. According to Maartunn on X, Bitmine presently holds $7.34 billion in unrealized losses. He described the determine as a serious drawdown tied to cost momentum shifts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite market tensions, <\/span><a href=\"https:\/\/coingape.com\/bitmines-tom-lee-bets-on-march-turnaround-to-spark-crypto-market-recovery\/\"><span style=\"font-weight: 400;\">Tom Lee called March a turnaround month<\/span><\/a><span style=\"font-weight: 400;\"> and dismissed development scare considerations. He stated in a CNBC interview that geopolitical uncertainty could influence monetary and digital asset markets in coming weeks. Broader market tensions are elevated amid U.S. fight operations towards Iran.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to analyst Ted Pillows, Ethereum confronted rejection on the $2,000 stage once more. He stated continued escalation within the U.S.-Iran scenario pressures risk-on property. If Ethereum fails to reclaim $2,000 quickly, he projected a transfer towards the $1,850 zone.<\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coingape.com\/ethereum-treasury-bitmine-adds-50928-eth-as-tom-lee-predicts-march-bottom-for-crypto-prices\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tom Lee\u2019s Bitmine Immersion Technologies disclosed that it holds 3,040,483 staked Ethereum value $6.0 billion at $1,976 per token. The firm stated it now owns 3.71% of Ethereum\u2019s 120.7 million provide whereas advancing its MAVAN staking community towards a Q1 2026 launch. Bitmine additionally confirmed complete crypto, money, and \u201cmoonshot\u201d holdings of $9.9 billion, together [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":91506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[161,13286,245,24,288,108,2064,1087,635,702,2063,2085],"class_list":{"0":"post-91504","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoin","8":"tag-adds","9":"tag-bitmine","10":"tag-bottom","11":"tag-crypto","12":"tag-eth","13":"tag-ethereum","14":"tag-lee","15":"tag-march","16":"tag-predicts","17":"tag-prices","18":"tag-tom","19":"tag-treasury"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/91504","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=91504"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/91504\/revisions"}],"predecessor-version":[{"id":91505,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/91504\/revisions\/91505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/91506"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=91504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=91504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=91504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}