Tom Lee Says Bitmine Aims to Accumulate 5% of Ethereum Supply

Tom Lee said at WebX 2026 in Tokyo that Bitmine plans to gradually accumulate ether (ETH) to 5% of supply.

According to NS3.AI, Lee said Bitmine accumulated 5.74 million ETH, equal to 4.8% of supply, during its first year.

Lee also said Bitmine launched MAVAN, which is listed on the New York Stock Exchange main board, and that the company joined the Russell 1000 large-cap index.