Bitmine's aggressive accumulation of ethereum, now holding 3.4% of the circulating supply and aiming for 5%, represents significant institutional demand. tom lee's highly bullish $250,000 price prediction, while ambitious, can fuel positive market sentiment.
Bitmine's reported eth accumulation is a factual and verifiable action by a major institutional player, lending high credibility to the 'buy pressure' aspect. however, tom lee's $250,000 price target is an extremely speculative long-term prediction, making its immediate trustworthiness for that specific target lower, despite his reputation.
The continuous, large-scale accumulation of eth by bitmine, aiming to control a substantial portion of the circulating supply, creates fundamental buy pressure. this, combined with a prominent analyst's extremely optimistic price forecast, is likely to foster a strong bullish sentiment among investors.
Bitmine's strategy to accumulate up to 5% of the circulating eth supply is a long-term play, and tom lee's $250,000 price prediction for eth is clearly a long-term target, not an immediate one.
In brief BitMine added more than $100 million in ETH during the last week of 2025, bringing its holdings to 4.14 million ETH. The firm's chairman Tom Lee also charted a path to $250,000 ETH and $5,000 per share of BMNR. Shares in BMNR have risen more than 4% on Monday. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE Ethereum treasury firm BitMine Immersion Technologies added 32,977 ETH valued around $104 million during the final week of 2025, the firm announced on Monday. The latest purchase brings its total holdings to more than 4.14 million ETH, worth more than $13 billion as of this writing. Its holdings now represent around 3.4% of the circulating ETH supply, leaving BitMine about 1.9 million ETH shy of its stated goal of 5% of the total circulating supply. "In the final week of 2025, total equity and crypto activity slowed, and yet we acquired 32,977 ETH in the past week," said Bitwise Chairman Tom Lee, in a statement. “Our analysis shows that BitMine has continued to accumulate ETH at an accelerated pace versus other Ethereum [digital asset treasuries]. We remain the largest 'fresh money' buyer of ETH in the world." The firm’s purchase announcement follows aggressive forecasting for the price of Ethereum and shares in BitMine (BMNR) as part of Lee’s latest chairman’s message. In his Friday remarks , Lee predicted a move to $250,000 for ETH—a roughly 7,760% increase from the recent trading price of $3,180. ETH is up nearly 9% over the last week. Lee also predicted a future price of $5,000 per share for BMNR based on its relationship to the price of Ethereum. But that mark is without any stock splits, a major focus for the firm as it seeks shareholder approval to increase the authorized share count from 500 million to 50 billion. "BitMine needs the increase in authorized shares primarily to allow the company to selectively issue shares for capital market activities, accommodate future share splits (as ETH moves to our long-term targets), and enable us to consider selective acquisitions," Lee said. The firm cited stock splits as the most important reason for the share increase, highlighting a focus on keeping the stock price accessible to the public and around $25. Lee’s message urged all shareholders to vote yes on the proposal by January 14. Other proposals ahead of its annual meeting include electing eight directors and implementing special compensation and incentive plans. Shares in the Ethereum treasury firm are up around 4% on Monday, recently changing hands at $32.49 and up nearly 14.8% in the last five trading days, according to data from Yahoo Finance. The company remains the largest Ethereum treasury firm and is the second-largest publicly traded crypto treasury overall, trailing only Strategy , the Bitcoin treasury firm that holds around $63 billion in BTC. In addition to its $13 billion in ETH, BitMine holds around $915 million in cash and 192 Bitcoin valued near $18 million. Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. Your Email Get it! Get it!