Bitmine massively bought 112,000 ETH in a single week! Tom Lee reiterates the crypto super cycle: Wall Street tokenization plus AI agents as dual engines

📄Full Article· Automatically extracted by trafilaturaGemini 翻譯1534 words

Bitmine swept up 112,000 ether last week at prices below $2,200, marking its largest single purchase of 2026. Chairman Tom Lee simultaneously reiterated that a crypto super-cycle is imminent, bullish on the dual drivers of Wall Street tokenization and AI agents. (Background: Bitmine scoops up another nearly 42,000 ether! Total holdings expand to 4.285 million ETH, but paper losses soar to $6.5 billion) (Background: Tom Lee's confidence call: Ethereum is the "truly neutral blockchain," targeting $12,000 by year-end, with Bitcoin to hit $250,000) Tom Lee said Tuesday that this pullback presents an "attractive entry opportunity," reiterating that crypto and Ethereum are about to enter a super-cycle. Bitmine Immersion Technologies last week aggressively purchased 111,942 ether at prices below $2,200, marking the company's largest single transaction year-to-date in 2026. The chairman noted Ethereum has fluctuated between $2,025 and $2,147 over the past seven days, down more than 58% from its all-time high of $4,946 set in August 2025. In an official announcement, Tom Lee explicitly stated that the crypto super-cycle is driven by two major engines: Wall Street asset tokenization and agentic AI. He emphasized, "We continue to steadily accumulate ETH, and Bitmine now holds nearly 5.4 million coins." This argument is not being made for the first time. Lee has previously accurately predicted Ethereum's "bottom" three times and has publicly called for accumulation during multiple market downturns. His reasoning is built on the cross-validation of macro liquidity expansion (the Federal Reserve's rate-cut cycle) combined with accelerating tokenization infrastructure. Bitmine is currently the world's largest Ethereum reserve company. According to the latest data: - Currently holds approximately 5.4 million ETH - Target: 5% of Ethereum's circulating supply (120.7 million coins), or over 6 million coins - Approximately 645,000 ETH short of target - Over 4.7 million ETH already staked, with expected annualized staking yield reaching $276 million Lee stated that Bitmine will achieve its 6 million target within 2026. This "buy low, store high" strategy directly replicates Michael Saylor's Strategy (formerly BitMine) model, except Saylor bets on Bitcoin while Lee bets on Ethereum. It's not just Bitmine that's accumulating. According to Ethereum Validator Queue data, the staked amount in the Ethereum ecosystem has now surpassed 39.2 million coins, accounting for approximately 32.19% of circulating supply, with another 3.3 million queued for staking. Meanwhile, the exit queue holds approximately 234,000 coins. Staking infrastructure provider Everstake released a report on Tuesday stating that Ethereum reserve companies are facing competitive pressure from ETFs and must create value through staking and other yield strategies, otherwise the appeal of simply holding assets will continue to be eroded. Viewing Bitmine's staking strategy in a Taiwanese context, it actually closely resembles the "dividend yield" logic of Taiwan stock investors. In 2025, Taiwan electronics stock yields generally fell within the 2-4% range, while ETH staking annualized yields are approximately 3-5% (fluctuating based on validator count). The difference is that ETH itself has capital gains potential, while Taiwan stock dividends are more about stable cash flow. Another metaphor: Bitmine's 5% target is equivalent to holding over 5% of TSMC's circulating share capital (approximately 476 million shares) in the Taiwan stock market, which would require holdings of nearly 24 million shares. At NT$100 per share, this would require a funding scale of NT$2.4 billion. Bitmine currently holds 5.4 million ETH at an average price of $2,000, having deployed over $1 billion in cash—a staggering scale. Whether Tom Lee's super-cycle theory holds up depends critically on whether the two forces of Wall Street tokenization (RWA) and AI agents can truly accelerate in the second half of 2026. If staking yields remain at 3-5% and ETH prices hold above $2,000, Bitmine's 6 million target can indeed be achieved within this year.

Data Status✓ Full text extractedRead Original (動區 BlockTempo)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-05-26

Bitmine bottom-fishes against the trend with 110,000 ETH, holdings approaching "5% of global supply"! Tom Lee says he remains bullish on Ethereum's "super cycle"

2026-05-18

Is oil price the real culprit behind ETH's collapse? BitMine Chairman Tom Lee: Just short-term noise

2026-04-20

Bitmine bought 100,000 ETH last week, with total holdings approaching 5 million! Tom Lee: ETH is the "best wartime asset"

2026-05-26

Tom Lee Backs Ethereum Supercycle as Bitmine ETH Holdings Reach 5.39M

2026-05-26

Bitmine made its largest ETH purchase this year despite Tom Lee's slowdown suggestion