Bitmine Immersion Technologies, the largest public holder of ether, has acquired an additional 10,399 units of ETH cryptocurrency. This acquisition brought the total volume of the corporate reserve to 5,797,813 coins, which is equivalent to 4.8% of the total asset supply. The management of the organization reported 96% fulfillment of the Alchemy 5% strategic plan in just 13 months since the start of systematic accumulation. Tom Lee, Chairman of the company, emphasized that the increase in the position had been taking place weekly since June last year, demonstrating the firm's commitment to the chosen investment strategy.

In his speech, Tom Lee focused on the outstanding macroeconomic indicators of the asset. According to his estimates, in July of this year, the market capitalization of Ethereum surpassed the NASDAQ-100 index, which unites one hundred of the largest companies on the stock exchange, by 2,500 basis points, or 25%. This was the highest relative growth since July 2025, when the value of the coin increased from $2.37 thousand to $4.05 thousand by the end of August. Despite the current downtrend and ether quotes in the region of $1.85 thousand. With a total network capitalization of $224.0 billion, the corporation remains fundamentally optimistic about the prospects of the second largest cryptocurrency.

To monetize existing assets, Bitmine actively uses the MAVEN platform, which is aimed at institutional investors. As of August 2, 4.92 million ETH units worth a total of $9.2 billion were placed in the staking with an average purchase price of $1.88 thousand per coin. The company predicts annual revenue from these operations in the amount of $247.0 million, which confirms its leadership in terms of funds invested. Additionally, Tom Lee expressed confidence that the current valuation of the asset is significantly underestimated, and the rapid development of the ecosystem of decentralized applications in the coming years can increase the market capitalization of Ethereum to $ 5.0 trillion.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.