---
title: "Bitmine's Tom Lee calls ether 'the wartime store of value' as holdings hit 4.87 million tokens"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282555057.md"
description: "Bitmine Immersion Technologies holds 4.87 million ether valued at $10.7 billion, aiming for 5% of all ETH, making it the largest corporate ether treasury. Chairman Tom Lee described ether as a \"wartime store of value,\" noting a 17.4% increase since the Iran war began. Bitmine staked 3.33 million ETH, generating $212 million in annualized staking revenue, with total holdings at $11.8 billion after its NYSE uplisting."
datetime: "2026-04-13T13:45:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282555057.md)
  - [en](https://longbridge.com/en/news/282555057.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282555057.md)
---

# Bitmine's Tom Lee calls ether 'the wartime store of value' as holdings hit 4.87 million tokens

-   Bitmine Immersion Technologies now holds 4.87 million ether worth $10.7 billion, putting it 81 percent of the way to its goal of owning 5 percent of all ETH and making it the largest corporate ether treasury in the world.
-   Chairman Tom Lee called ether "the wartime store of value," noting that ETH has gained 17.4 percent since the Iran war began, sharply outperforming the S&P 500 and gold, and said he believes ETH is in the final stages of a "mini-crypto winter."
-   Bitmine has staked 3.33 million ETH, or 68 percent of its holdings, generating an annualized $212 million in staking revenue, while its total holdings, including cash and equity "moonshots," stand at $11.8 billion following its recent uplisting to the New York Stock Exchange.

### Related Stocks

- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md)
- [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md)
- [ETH.US](https://longbridge.com/en/quote/ETH.US.md)
- [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md)
- [FETH.US](https://longbridge.com/en/quote/FETH.US.md)
- [EETH.US](https://longbridge.com/en/quote/EETH.US.md)
- [BTF.US](https://longbridge.com/en/quote/BTF.US.md)
- [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md)
- [QETH.US](https://longbridge.com/en/quote/QETH.US.md)
- [CETH.US](https://longbridge.com/en/quote/CETH.US.md)
- [EZET.US](https://longbridge.com/en/quote/EZET.US.md)
- [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md)
- [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md)

## Related News & Research

- ['The Entire Economy Is Going To Be Tokenized,' Consensys CEO Joseph Lubin Says, Positioning Ethereum As The Winner](https://longbridge.com/en/news/286265353.md)
- [Key facts: ETHUSD sellers realized ~$74.6M; targets range $1,071–$4,000](https://longbridge.com/en/news/286645101.md)
- [Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned](https://longbridge.com/en/news/286196944.md)
- [12:34 ETChecker Raises $8M from Galaxy Ventures, Al Mada Ventures and Framework Ventures to Unify Fragmented Digital Asset Markets for Institutions](https://longbridge.com/en/news/286945819.md)
- [ZAWYA: OKX launches USDSⓈ-M options on Bitcoin and Ether](https://longbridge.com/en/news/286889580.md)