CoinDesk·3 min read·medium
Tom Lee's BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply
H
Helene Braun
✦AI Summary
BitMine has increased its Ethereum holdings to 5.77 million tokens, citing the success of the Robinhood Chain layer-2 network as a primary driver. The company maintains a diverse treasury of crypto assets and cash despite recent market volatility.
The company said nearly five million of its ETH holdings are staked, allowing it to earn staking rewards while maintaining one of the largest corporate Ethereum treasuries.
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