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BitMine Immersion added $98 million of ether last week as losses balloon to more than $8 billion
Market Intelligence Analysis
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Why This Matters
BitMine Immersion, a firm led by Tom Lee, continues to buy into the Ethereum market despite its weakness, adding $98 million worth of ether last week and now holding 4.42 million ETH tokens, which is approximately 3.66% of the total supply.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Tom Lee's Ethereum-focused firm continues buying into the crypto market weakness, now 4.42 million ETH tokens, or about 3.66 percent of the total supply.
Original article published by
CoinDesk
on February 23, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.