Bitmine Immersion Technologies scooped another 27,180 ETH last week, hauling Tom Lee's pile up to 5,956,378 coins — roughly 4.9% of every Ethereum in existence. The target pinned on the wall is 5% of supply, and there's one buyer grinding it out every seven days whether you like it or not.
▪️ The cadence is the whole story: they've bought ETH every single week since the treasury strategy kicked off on June 30, 2025. No pauses, no 'taking profits', just a drip feed straight into the book.
▪️ About 85% of the stack — 5.07 million ETH — sits in staking, projected to earn $334 million a year. Lee says it hits $392 million if the whole lot goes through MAVAN and its partners.
▪️ Whole book is valued at $15.8 billion and ETH is only one slice of it — the rest is in the breakdown below.
▪️ Rival SharpLink lined up $200 million of staking through Lido back in August. Strategy went the other way: zero Bitcoin bought in the week to September 13, and $139 million spent buying back…
📊 Bitcoin held:
212 BTC📊 Cash and securities:
$549M📊 Beast Industries stake:
$180M📊 Eightco Holdings stake:
$98MHere's the bit nobody in your group chat wants to hear: this is the actual bid under ETH right now. Not a narrative, not a chart pattern — a chairman who buys every Monday morning regardless of price. You're long the same asset as a guy who has to keep buying to keep the story alive, and 5.07 million of his coins are staked, meaning they can't be dumped instantly even if he wanted out. He's at 4.9% of supply, so the 5% goal is basically done. The tell is not the price target — it's the first week the buys stop.
💬 «As we enter the final month of calendar Q3 2026, ETH is the best-performing macro asset during the quarter, outperforming the S&P 500 by 5,866bp through last Friday.» — Tom Lee, Bitmine Chairman
🔮 Buying every week isn't conviction, it's a treadmill. The day Tom Lee stops, the bid under ETH just vanishes — and you're the one still standing there holding it.
@exverse_chat
