Tom Lee’s BitMine builds 3 billion USD Ethereum stash, now third largest public crypto treasury

In just 35 days, BitMine Immersion has amassed 3 billion USD in Ethereum holdings, making it the largest corporate ETH treasury.

Currently, Ethereum is trading at nearly 3,679 USD, marking a 5% increase in 24 hours, boosted by rising interest from institutional investors.

Since late June, BitMine’s stock has surged over 650%, evidencing strong investor confidence in the company’s ETH accumulation strategy.