Tom Lee’s Bitmine Holds 4.9% of Ethereum Supply After Reaching 5.98M ETH

Bitmine Immersion Technologies ($BMNR), led by Fundstrat’s Tom Lee, now controls approximately 4.9% of the total circulating Ethereum ($ETH) supply.
The company's treasury has expanded to 5,983,940 ETH, valued at approximately $16.08 billion based on an Ethereum price of $2,688.
With this milestone, Bitmine effectively holds 1 out of every 20 circulating ETH tokens, positioning the firm as the dominant corporate treasury holder in the Ethereum ecosystem.