More than 5 million ETH for BitMine after a new operation
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TOM
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BitMine Immersion Technologies has just reached a historic milestone by accumulating more than 5 million ETH in 2026, after a record acquisition of 101,901 ETH in one week. This massive purchase made in just 10 months confirms Ethereum as a strategic asset for institutional investors.
In brief
- BitMine now holds more than 5 million ETH after a record acquisition of 101,901 ETH in one week.
- Ethereum establishes itself as the ideal financial infrastructure for AI agents and DeFi, thanks to its smart contracts and automated transactions.
- Tom Lee bets on ETH as a digital store of value, despite its volatility, strengthening its credibility with institutional investors.
BitMine holds more than 5 million ETH after a new operation
BitMine, one of the largest holders of Ethereum (ETH), has just reached a historic milestone: more than 5 million ETH accumulated in 10 months, after a record acquisition of 101,901 ETH in a single week. This operation, the largest since December 2025, now brings the value of its portfolio to over 11.75 billion dollars (at the current price of ~2,369 $/ETH).
Tom Lee, CEO of BitMine, stated that this accumulation reflects a long-term strategy aimed at holding 5% of the total ETH supply. Despite the volatility of the crypto market, Lee remains confident in ETH’s recovery, describing it as a store of value for the digital economy. This purchase comes as ETH has risen 16% over the last month, boosted by renewed investor confidence and a calmer geopolitical context.
Ethereum: the flagship asset for AI agents and DeFi
Ethereum is no longer just a crypto. Indeed, it has now established itself as the ideal financial infrastructure for autonomous agents. According to Nikil Viswanathan, CEO of Alchemy, crypto was not designed for humans, but for AI agents that execute instant, identity-free, automated transactions. ETH, with its smart contracts and DeFi ecosystem, offers exactly that.
Projects like Fetch.ai or SingularityNET illustrate this trend, combining AI and blockchain to create an autonomous economy. With players like BitMine massively accumulating ETH, confidence in its key role for the future of DeFi is growing. Moreover, ETH has outperformed the S&P 500 by 1,696 basis points since the start of the Iran-Israel war, confirming its status as a digital safe haven asset. A dynamic that attracts more and more institutional investors, despite its persistent volatility.
The massive accumulation of ETH by BitMine marks a turning point for Ethereum, now seen as a strategic asset for AI agents and DeFi. But will this dynamic be enough to stabilize its price? And you, would you be ready to invest in ETH in this context?
