Bitmine Adds 51K ETH, Tom Lee: Ethereum Fundamentals Keep Growing

Bitmine Reveals Crypto Holdings

Latest figures show Bitmine's crypto assets, cash reserves, and high-yield investments totaled $9.6 billion as of February 22, 2026.

• 4,422,659 ETH holdings
• 193 Bitcoin reserves
• $200 million in BeastIndustries equity
• $17 million investment in EightcoHoldings
• Cash reserves at $691 million

Tom Lee: Strategic Focus Maintained

Executive Chairman Tom Lee emphasized ongoing commitment to systematic financial strategy execution during this "crypto market correction", including consistent ETH accumulation and portfolio optimization.

Ethereum Fundamentals Strengthen

Despite price volatility, Lee identified three key growth drivers for Ethereum's fundamental strength:

• Institutional adoption through tokenized assets
• AI integration with smart blockchain payments
• Creator economy demands for blockchain verification