Tom Lee’s BitMine Adds 24K ETH Before Vote Update!
The post Tom Lee’s BitMine Adds 24K ETH Before Vote Update! appeared on BitcoinEthereumNews.com.
Tom Lee’s BitMine adds 24,266 Ethereum ahead of the BMNR vote, aiming to expand its holdings and maintain Ethereum dominance. BitMine, led by chairman Tom Lee, has made a notable acquisition of 24,266 Ethereum (ETH) tokens ahead of an important shareholder vote. This purchase is part of the company’s ongoing strategy to strengthen its Ethereum treasury. As of the most recent report, BitMine controls approximately 3.45% of the total Ethereum supply, making it the largest holder of Ethereum in the world. The acquisition comes just days before the company’s shareholder vote, which is set to take place by January 14, 2026. BitMine’s Growing Ethereum Holdings BitMine’s Ethereum holdings have been increasing steadily. In the past week alone, it bought 24,266 ETH, adding to its total of 4.17 million ETH. This follows an even larger purchase of 32,977 ETH the previous week. 🚨 TOM LEE’S ‘BITMINE’ JUST BOUGHT 24,266 $ETH WORTH $75 MILLION BULLISH FOR $ETH HOLDERS 🚀 pic.twitter.com/WhAQl2PF22 — BlockNews (@blocknewsdotcom) January 12, 2026 The company has also been building a strong Ethereum staking program, with over 1.25 million ETH staked. This further strengthens BitMine’s position in the Ethereum ecosystem. The goal is to increase the amount of ETH per share, boosting the company’s long-term value. BitMine’s acquisitions are not just about holding Ethereum; they are also part of a broader strategy to create sustainable growth. The company aims to leverage both staking and asset appreciation to increase the value of its holdings. This strategy positions BitMine as a major player in the cryptocurrency market. Shareholder Vote and Potential ETH Strategy Shift A crucial shareholder vote on January 15 will decide whether BitMine can continue acquiring Ethereum. The vote will authorize the issuance of additional shares needed for future ETH purchases. Without shareholder approval, BitMine will be limited in its…
Filed under: News - @ January 13, 2026 4:26 am