BitMine, chaired by Tom Lee, added another 5,000 ETH worth approximately $11.22 million, according to Lookonchain. The analytics firm reported the acquisition on November 3 at 01:55 UTC, estimating the company’s Ethereum holdings at roughly 6.065 million tokens.
Bitmine now holds 6.065M $ETH ($13.7B), 4.96% of the total supply.
— Lookonchain (@lookonchain) November 3, 2026
Lookonchain’s accompanying screenshot shows 5,000 ETH moving from a Kraken-labeled hot wallet to a BitMine-labeled address. It places the transfer about six hours before the post, on November 2. The quoted dollar value is not a disclosed execution price.
The firm valued BitMine’s total ETH position at about $13.7 billion and put its share of supply at 4.96%. Those are estimates from the reporting snapshot; the dollar valuation changes with Ether’s price.
BitMine’s last company update, issued November 2, disclosed 6,060,506 ETH as of November 1 at 4 p.m. Eastern Time. It also reported 5,227,037 ETH staked, roughly 86% of that balance. The newer Lookonchain estimate follows that earlier company snapshot.
In October, BitMine’s treasury had reached 6.04 million ETH after an earlier purchase. BitMine is pursuing a 5% share of ETH supply, which Lee has described as a purchase ceiling. Lookonchain’s latest estimate still places the company below that threshold.
Disclaimer: CoinScreamer is an independent media brand owned and operated by NuvexMedia LLC, publishing news, research, and market insights on digital assets and related technologies. NuvexMedia LLC invests in and collaborates with companies across the digital asset, blockchain, and technology sectors. These relationships do not influence CoinScreamer’s editorial coverage, and the publication maintains full editorial independence to provide accurate, timely, and objective information. © 2025 NuvexMedia LLC. All rights reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or other professional advice.
