Tom Lee's BitMine holds 5.77 million ETH tokens — 4.8% of total Ethereum supply

BitMine, chaired by Tom Lee, has expanded its Ethereum treasury to 5.77 million ETH tokens, equivalent to 4.8% of the cryptocurrency's total supply. Lee highlighted the rapid growth of Robinhood Chain, built on Ethereum, as a key reason behind the company's bullish stance. The holding places BitMine among the largest corporate holders of ETH globally.