Tom Lee’s BitMine Stakes 250,912 ETH

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Tom Lee’s BitMine Immersion Technologies recently added 250,912 $ETH ($745 million) to staking, bringing total staked Ethereum to 2,582,963 $ETH ($7.67 billion), or 61% of its 4.24 million ETH treasury. The company plans to eventually hold 5% of Ethereum’s total supply and launch its MAVAN validator network in Q1 2026. With potential annual yields of $215 million at 2.8-3% rates, analysts see this move as a major institutional endorsement of Ethereum’s security, scalability, and long-term growth potential.