Tom Lee, cofounder of Fundstrat and chairman of BitMine, responded to Binance founder Changpeng Zhao with a direct question to his audience: ‘Do you own enough crypto?’ Behind this humorous exchange lies a concrete strategy: BitMine Immersion Technologies (NYSE: BMNR) has reached a historic milestone, holding 6,001,302 ETH, approximately $16.2 billion, representing 4.9% of Ethereum’s total supply. About 84% of these holdings, or 5.067 million ETH, are staked and generate hundreds of millions of dollars in annual passive income. Bitcoin trades around $83,300, ether near $2,698, and BNB at approximately $757, with net gains of 7 to 11% over thirty days. Tom Lee maintains his $150,000 price target for bitcoin and sees the market in an active bull cycle phase, supported by demand from AI systems.
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