The alchemy of 5% of ETH | NYSE | Thomas (“Tom”) Lee Chairman @fundstrat. Key tickers: $BMNR $BMNP
New York, NY
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BitMine provided its latest holdings update for November 9, 2026
$14.3 billion in total crypto + "moonshots":
- 6,070,092 ETH at $2,234 per ETH (per @coinbase)
- 216 Bitcoin (BTC)
- $180 million stake in Beast Industries @MrBeast
- $75 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and
- total cash and marketable securities of $475 million.
Ticker:
$BMNR common equity
$BMNP 9.5% perpetual preferred, dividends paid weekly
Chairman: Tom Lee @fundstrat
Link ⛓️
prnewswire.com/news-releases…
Bitmine (NYSE-BMNR) $ETH $BMNP retweeted
Regarding $NVDA
The departure of the founder and CEO is a massive test for any company. Here are the reasons we expect $NVDA to continue to dominate:
💪 huge technological lead in chip design and supply chain control plus CUDA, that all survive a leadership change
💪 Engineering talent is deep. If Jensen was the chief designer of the chips and architecture, the company’s risk would be much greater
💪 an ownership culture at NVDA: 80% of employees are stock millionaires and 50% own stock worth more than $25 million
These employees are not “punching the clock” and highly motivated to maintain the company’s leadership position
💪 The stock has an attractive PE multiple and the substantial free cash generation means the company can support the stock via buybacks
There will be pain near term since many investors view this as an adverse development. It is. But at 10x forward PE, this is also the best risk/reward in AI at the moment
$ETH affirmed as store of value by @VitalikButerin
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"Vitalik Buterin, founder of Ethereum, declared at Devcon 8 in Mumbai, 'I've finally made up my mind, ETH is a store of value, ETH is money.'
This declaration by the founder of Ethereum, in my view, is a seismic shift, clarifying how ETH will capture value in this coming supercycle of tokenization and AI," stated Thomas "Tom" Lee, Chairman of Bitmine.
"In my opinion, ETH was not a 'cash flow' token model, like HYPE or LIT, but rather pristine and trusted collateral, and reflective of how Ethereum is the Layer 1 chosen by the vast majority of financial institutions moving assets onto the blockchain," continued Lee.
xitter.twitterapi.xyz/griffgreen/status/2118…
4/
"Over the past week, we acquired 9,587 ETH. Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world. Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025," stated Lee.
Weekly ETH buys (by week ending):
-11/9/26: 9,587 ETH coins
-11/2/26: 8,573 ETH
-10/26/26: 10,452 ETH
-10/19/26: 12,535 ETH
-10/12/26: 12,532 ETH
-10/5/26: 15,112 ETH
-9/28/26: 17,362 ETH
-9/21/26: 27,562 ETH
-9/14/26: 27,180 ETH
-9/7/26: 28,086 ETH
-8/31/26: 53,501 ETH
-8/24/26: 32,447 ETH
-8/17/26: 9,926 ETH
-8/10/26: 7,391 ETH
-8/3/26: 10,399 ETH
-7/27/26: 9,946 ETH
-7/20/26: 7,430 ETH
-7/13/26: 27,801 ETH
-7/6/26: 42,197 ETH
-6/29/26: 27,084 ETH
-6/22/26: 52,203 ETH
-6/15/26: 76,881 ETH
-6/8/26: 126,971 ETH
-6/1/26: 26,947 ETH
-5/26/26: 111,942 ETH
-5/18/26: 71,672 ETH
-5/11/26: 26,659 ETH
-5/3/26: 101,745 ETH
-4/26/26: 101,901 ETH
-4/19/26: 101,627 ETH
-4/12/26: 71,524 ETH
-4/5/26: 71,252 ETH
-3/29/26: 71,179 ETH
-3/22/26: 65,341 ETH
-3/15/26: 60,999 ETH
-3/8/26: 60,976 ETH
-3/1/26: 50,928 ETH
-2/23/26: 51,162 ETH
-2/17/26: 45,759 ETH
-2/9/26: 40,613 ETH
-2/1/26: 41,788 ETH
-1/26/26: 40,302 ETH
-1/20/26: 35,628 ETH
-1/12/26: 24,266 ETH
-1/5/26: 32,977 ETH
-12/29/25: 44,463 ETH
-12/22/25: 98,852 ETH
-12/15/25: 102,259 ETH
-12/8/25: 138,452 ETH
-12/1/25: 96,798 ETH
-11/24/25: 69,822 ETH
-11/17/25: 54,156 ETH
-11/10/25: 110,288 ETH
-11/3/25: 82,353 ETH
-10/27/25: 77,055 ETH
5/
As of November 8, 2026, Bitmine total staked ETH stands 5,227,037 ($11.7 billion at $2,234 per ETH). "Bitmine has staked more ETH than other entities in the world.
At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $359 million on an annualized basis (using 2.65% 7-day BMNR yield).
This compares to annualized staking revenues at $309 million based upon BMNR's 5.2 million currently staked ETH (86% of the 6.05 million ETH held by Bitmine)," continued Lee.
Total staked $ETH by week:
- 11/8/26: 5,227,037 ETH
- 11/1/26: 5,227,037 ETH
- 10/25/26: 5,227,037 ETH
- 10/18/26: 5,067,309 ETH
- 10/11/26: 5,067,309 ETH
- 10/4/26: 5,067,309 ETH
- 9/27/26: 5,067,309 ETH
- 9/20/26: 5,067,309 ETH
- 9/13/26: 5,067,309 ETH
- 9/7/26: 5,067,309 ETH
- 8/30/26: 5,067,309 ETH
- 8/23/26: 5,067,309 ETH
- 8/16 /26: 5,067,309 ETH
- 8/9/26: 5,067,309 ETH
- 8/2/26: 4,917,189 ETH
- 7/26/26: 4,917,189 ETH
- 7/19/26: 4,917,189 ETH
- 7/12/26: 4,917,189 ETH
- 7/5/26: 4,879,157 ETH
- 6/28/26: 4,879,157 ETH
- 6/21/26: 4,718,677 ETH
- 6/14/26: 4,718,677 ETH
- 6/7/26: 4,718,677 ETH
- 5/31/26: 4,718,677 ETH
- 5/25/26: 4,712,917 ETH
- 5/17/26: 4,712,917 ETH
- 5/10/26: 4,712,917 ETH
- 5/2/26: 4,362,757 ETH
- 4/26/26: 3,701,589 ETH
- 4/19/26: 3,334,637 ETH
- 4/12/26: 3,334,637 ETH
- 4/5/26: 3,334,637 ETH
- 3/29/26: 3,142,643 ETH
- 3/22/26: 3,142,643 ETH
- 3/15/26: 3,040,515 ETH
- 3/8/26: 3,040,483 ETH
- 3/1/26: 3,040,483 ETH
- 2/23/26: 3,040,483 ETH
- 2/17/26: 3,040,483 ETH
- 2/8/26: 2,897,459 ETH
- 2/1/26: 2,897,459 ETH
- 1/26/26: 2,009,267 ETH
- 1/19/26: 1,838,003 ETH
- 1/11/26: 1,256,083 ETH
- 1/4/26: 659,219 ETH
- 12/28/24: 408,627 ET
🧵
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BitMine provided its latest holdings update for November 2, 2026
$14.5 billion in total crypto + "moonshots":
- 6,060,506 ETH at $2,261per ETH (per @coinbase)
- 216 Bitcoin (BTC)
- $180 million stake in Beast Industries @MrBeast
- $82 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and
- total cash and marketable securities of $498 million.
Ticker:
$BMNR common equity
$BMNP 9.5% perpetual preferred, dividends paid weekly
Chairman: Tom Lee @fundstrat
Link ⛓️
prnewswire.com/news-releases…
3/
"Over the past week, we acquired 8,573 ETH. Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world. Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025," stated Lee.
Weekly ETH buys (by week ending):
-11/2/26: 8,573 ETH coins
-10/26/26: 10,452 ETH
-10/19/26: 12,535 ETH
-10/12/26: 12,532 ETH
-10/5/26: 15,112 ETH
-9/28/26: 17,362 ETH
-9/21/26: 27,562 ETH
-9/14/26: 27,180 ETH
-9/7/26: 28,086 ETH
-8/31/26: 53,501 ETH
-8/24/26: 32,447 ETH
-8/17/26: 9,926 ETH
-8/10/26: 7,391 ETH
-8/3/26: 10,399 ETH
-7/27/26: 9,946 ETH
-7/20/26: 7,430 ETH
-7/13/26: 27,801 ETH
-7/6/26: 42,197 ETH
-6/29/26: 27,084 ETH
-6/22/26: 52,203 ETH
-6/15/26: 76,881 ETH
-6/8/26: 126,971 ETH
-6/1/26: 26,947 ETH
-5/26/26: 111,942 ETH
-5/18/26: 71,672 ETH
-5/11/26: 26,659 ETH
-5/3/26: 101,745 ETH
-4/26/26: 101,901 ETH
-4/19/26: 101,627 ETH
-4/12/26: 71,524 ETH
-4/5/26: 71,252 ETH
-3/29/26: 71,179 ETH
-3/22/26: 65,341 ETH
-3/15/26: 60,999 ETH
-3/8/26: 60,976 ETH
-3/1/26: 50,928 ETH
-2/23/26: 51,162 ETH
-2/17/26: 45,759 ETH
-2/9/26: 40,613 ETH
-2/1/26: 41,788 ETH
-1/26/26: 40,302 ETH
-1/20/26: 35,628 ETH
-1/12/26: 24,266 ETH
-1/5/26: 32,977 ETH
-12/29/25: 44,463 ETH
-12/22/25: 98,852 ETH
-12/15/25: 102,259 ETH
-12/8/25: 138,452 ETH
-12/1/25: 96,798 ETH
-11/24/25: 69,822 ETH
-11/17/25: 54,156 ETH
-11/10/25: 110,288 ETH
-11/3/25: 82,353 ETH
-10/27/25: 77,055 ETH
4/
As of November 1, 2026, Bitmine total staked ETH stands 5,227,037 $11.8 billion at $2,261 per ETH). "Bitmine has staked more ETH than other entities in the world.
At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $415 million on an annualized basis (using 2.58% 7-day BMNR yield).
This compares to annualized staking revenues at $358 million based upon BMNR's 5.2 million currently staked ETH (86% of the 6.05 million ETH held by Bitmine)," continued Lee.
Total staked $ETH by week:
- 11/1/26: 5,227,037 ETH
- 10/25/26: 5,227,037 ETH
- 10/18/26: 5,067,309 ETH
- 10/11/26: 5,067,309 ETH
- 10/4/26: 5,067,309 ETH
- 9/27/26: 5,067,309 ETH
- 9/20/26: 5,067,309 ETH
- 9/13/26: 5,067,309 ETH
- 9/7/26: 5,067,309 ETH
- 8/30/26: 5,067,309 ETH
- 8/23/26: 5,067,309 ETH
- 8/16 /26: 5,067,309 ETH
- 8/9/26: 5,067,309 ETH
- 8/2/26: 4,917,189 ETH
- 7/26/26: 4,917,189 ETH
- 7/19/26: 4,917,189 ETH
- 7/12/26: 4,917,189 ETH
- 7/5/26: 4,879,157 ETH
- 6/28/26: 4,879,157 ETH
- 6/21/26: 4,718,677 ETH
- 6/14/26: 4,718,677 ETH
- 6/7/26: 4,718,677 ETH
- 5/31/26: 4,718,677 ETH
- 5/25/26: 4,712,917 ETH
- 5/17/26: 4,712,917 ETH
- 5/10/26: 4,712,917 ETH
- 5/2/26: 4,362,757 ETH
- 4/26/26: 3,701,589 ETH
- 4/19/26: 3,334,637 ETH
- 4/12/26: 3,334,637 ETH
- 4/5/26: 3,334,637 ETH
- 3/29/26: 3,142,643 ETH
- 3/22/26: 3,142,643 ETH
- 3/15/26: 3,040,515 ETH
- 3/8/26: 3,040,483 ETH
- 3/1/26: 3,040,483 ETH
- 2/23/26: 3,040,483 ETH
- 2/17/26: 3,040,483 ETH
- 2/8/26: 2,897,459 ETH
- 2/1/26: 2,897,459 ETH
- 1/26/26: 2,009,267 ETH
- 1/19/26: 1,838,003 ETH
- 1/11/26: 1,256,083 ETH
- 1/4/26: 659,219 ETH
- 12/28/24: 408,627 ET
Agree
I think that $ETH to $3,000 isn't far away.
The reason for that is that we've just had a very obvious sweep of the lows.
At that point, the consensus is that we'll continue to fall.
What happens?
Probably the exact opposite of what the consensus currently is.
If #Ethereum is able to flip $2,400, you could argue that this is a deviation beneath the low and we'll start grinding back upwards.
This will fuel: long buyers, and short liquidations.
My first target zone for that is the area at $2,800 and most likely $3,000-3,100.
$ORCL surged after announcing a roadmap requiring far less external capital (debt and equity)
- @Oracle stock rose 11%
- Bitmine less than 40,000 $ETH away from 5%
See the analogy 👀
Ethereum is the place for onchain finance
$ORCL just laid out a path to $225B in revenue by FY2030 which would triple its business in 4 years.
Even more interesting is that Oracle expects its growth to be self-funded by FY2029 which could ease concerns about how much debt it needs to finance its massive AI buildout.
🧵
1/
BitMine provided its latest holdings update for October 26, 2026
$15.0 billion in total crypto + "moonshots":
- 6,051,933 ETH at $2,356 per ETH (per @coinbase)
- 215 Bitcoin (BTC)
- $180 million stake in Beast Industries @MrBeast
- $76 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and
- total cash and marketable securities of $514 million.
Ticker:
$BMNR common equity
$BMNP 9.5% perpetual preferred, dividends paid weekly
Chairman: Tom Lee @fundstrat
Link ⛓️
prnewswire.co.uk/news-releas…
3/
"Over the past week, we acquired 10,452 ETH. Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world. Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025," stated Lee.
Weekly ETH buys (by week ending):
-10/26/26: 10,452 ETH coins
-10/19/26: 12,535 ETH
-10/12/26: 12,532 ETH
-10/5/26: 15,112 ETH
-9/28/26: 17,362 ETH
-9/21/26: 27,562 ETH
-9/14/26: 27,180 ETH
-9/7/26: 28,086 ETH
-8/31/26: 53,501 ETH
-8/24/26: 32,447 ETH
-8/17/26: 9,926 ETH
-8/10/26: 7,391 ETH
-8/3/26: 10,399 ETH
-7/27/26: 9,946 ETH
-7/20/26: 7,430 ETH
-7/13/26: 27,801 ETH
-7/6/26: 42,197 ETH
-6/29/26: 27,084 ETH
-6/22/26: 52,203 ETH
-6/15/26: 76,881 ETH
-6/8/26: 126,971 ETH
-6/1/26: 26,947 ETH
-5/26/26: 111,942 ETH
-5/18/26: 71,672 ETH
-5/11/26: 26,659 ETH
-5/3/26: 101,745 ETH
-4/26/26: 101,901 ETH
-4/19/26: 101,627 ETH
-4/12/26: 71,524 ETH
-4/5/26: 71,252 ETH
-3/29/26: 71,179 ETH
-3/22/26: 65,341 ETH
-3/15/26: 60,999 ETH
-3/8/26: 60,976 ETH
-3/1/26: 50,928 ETH
-2/23/26: 51,162 ETH
-2/17/26: 45,759 ETH
-2/9/26: 40,613 ETH
-2/1/26: 41,788 ETH
-1/26/26: 40,302 ETH
-1/20/26: 35,628 ETH
-1/12/26: 24,266 ETH
-1/5/26: 32,977 ETH
-12/29/25: 44,463 ETH
-12/22/25: 98,852 ETH
-12/15/25: 102,259 ETH
-12/8/25: 138,452 ETH
-12/1/25: 96,798 ETH
-11/24/25: 69,822 ETH
-11/17/25: 54,156 ETH
-11/10/25: 110,288 ETH
-11/3/25: 82,353 ETH
-10/27/25: 77,055 ETH
4/
As of October 25, 2026, Bitmine total staked ETH stands 5,227,037 ($12.3 billion at $2,356 per ETH). "Bitmine has staked more ETH than other entities in the world.
At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $368 million on an annualized basis (using 2.58% 7-day BMNR yield).
This compares to annualized staking revenues at $318 million based upon BMNR's 5.2 million currently staked ETH (86% of the 6.05 million ETH held by Bitmine)," continued Lee.
Total staked $ETH by week:
- 10/25/26: 5,227,037 ETH
- 10/18/26: 5,067,309 ETH
- 10/11/26: 5,067,309 ETH
- 10/4/26: 5,067,309 ETH
- 9/27/26: 5,067,309 ETH
- 9/20/26: 5,067,309 ETH
- 9/13/26: 5,067,309 ETH
- 9/7/26: 5,067,309 ETH
- 8/30/26: 5,067,309 ETH
- 8/23/26: 5,067,309 ETH
- 8/16 /26: 5,067,309 ETH
- 8/9/26: 5,067,309 ETH
- 8/2/26: 4,917,189 ETH
- 7/26/26: 4,917,189 ETH
- 7/19/26: 4,917,189 ETH
- 7/12/26: 4,917,189 ETH
- 7/5/26: 4,879,157 ETH
- 6/28/26: 4,879,157 ETH
- 6/21/26: 4,718,677 ETH
- 6/14/26: 4,718,677 ETH
- 6/7/26: 4,718,677 ETH
- 5/31/26: 4,718,677 ETH
- 5/25/26: 4,712,917 ETH
- 5/17/26: 4,712,917 ETH
- 5/10/26: 4,712,917 ETH
- 5/2/26: 4,362,757 ETH
- 4/26/26: 3,701,589 ETH
- 4/19/26: 3,334,637 ETH
- 4/12/26: 3,334,637 ETH
- 4/5/26: 3,334,637 ETH
- 3/29/26: 3,142,643 ETH
- 3/22/26: 3,142,643 ETH
- 3/15/26: 3,040,515 ETH
- 3/8/26: 3,040,483 ETH
- 3/1/26: 3,040,483 ETH
- 2/23/26: 3,040,483 ETH
- 2/17/26: 3,040,483 ETH
- 2/8/26: 2,897,459 ETH
- 2/1/26: 2,897,459 ETH
- 1/26/26: 2,009,267 ETH
- 1/19/26: 1,838,003 ETH
- 1/11/26: 1,256,083 ETH
- 1/4/26: 659,219 ETH
- 12/28/24: 408,627 ET
