coin-img-ETHETH+10.36%coin-img-BTCBTC+3.17%coin-img-SOLSOL+6.92%coin-img-XRPXRP+7.02%coin-img-CRKCRK-62.33%coin-img-WPWP-63.59%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+10.28%coin-img-ETHETH+10.36%coin-img-BTCBTC+3.17%coin-img-SOLSOL+6.92%coin-img-XRPXRP+7.02%coin-img-CRKCRK-62.33%coin-img-WPWP-63.59%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+10.28%coin-img-ETHETH+10.36%coin-img-BTCBTC+3.17%coin-img-SOLSOL+6.92%coin-img-XRPXRP+7.02%coin-img-CRKCRK-62.33%coin-img-WPWP-63.59%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+10.28%coin-img-ETHETH+10.36%coin-img-BTCBTC+3.17%coin-img-SOLSOL+6.92%coin-img-XRPXRP+7.02%coin-img-CRKCRK-62.33%coin-img-WPWP-63.59%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+10.28%
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Alexander Stefanov

BitMine Amasses 4.6 Million ETH Worth $11.5 Billion as Tom Lee Ties Rally to Geopolitical Risks

On 16 March 2026, BitMine Immersion Technologies disclosed the purchase of 60,999 ETH, lifting its Ethereum treasury to around 4.6 million ETH, or about 3.81% of the circulating supply, valued near $11.5 billion. Roughly 3.04 million ETH is staked, generating substantial yield, while Chairman Tom Lee links this accumulation and the broader crypto uptrend to macroeconomic uncertainty and geopolitical tensions. Ethereum traded close to $2,329 in the latest session as institutional buying and staking activity continued to support the price.
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