good analysis

CryptoSelf
BitMine: Total Staked ETH Exceeds 4.917M, Tom Lee Says Strategy Unchanged Despite Slower Buying

BitMine Immersion (BMNR) clarified the slowdown — the ETH buying strategy itself is unchanged.

The Numbers:

Last Week: +7,430 ETH added (∼$14M)
Total Holdings: 5.78M ETH (∼$10.8B), 4.8% of all ETH
Total Staked: 4.917 million ETH, about 85% of holdings now staked via Made in America Validator Network (MAVAN)
Staking Yield: Projected $247M annualized revenue a1ec
Buyback: 5.5M common shares repurchased at $15.6156, $86M spent under $4B program be40

Tom Lee Responds:

Chairman Tom Lee said: "The reduced pace of buys reflects that BitMine repurchased 5.5 million common shares. BitMine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025." be40

He emphasized the apparent slowdown does not mean a change in pace — capital was simply reallocated to accretive share buybacks. Lee views buybacks as accretive to shareholder value while the long-term target of owning 5% of ETH supply — "Alchemy of 5%" — remains.

With 4.917M ETH now working on-chain, BitMine is the largest staked ETH holder globally and is just 0.2% away from its 5% goal.

#BitMine #TomLee #ETH #Staking #Ethereum $ETH ‌ ‌
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Layer2Resident
· 18h ago
This analysis ties the whole logical chain together, and suddenly you can understand all the ambiguous parts you usually couldn’t quite make out. Thanks, bro, for organizing it!
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LiquidityMinter
· 19h ago
In a clear and easy-to-understand way, explain complex concepts so they’re crystal clear; it’s recommended to write more of this kind of practical, no-fluff content, which is very beginner-friendly.
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BackdoorScanner
· 19h ago
The analysis is truly thorough, and the logic is very clear.
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RiskCurb
· 19h ago
Okay, I hadn’t thought about this angle before—I've learned something.
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