#BitmineAdds50,900ETHLastWeek Bitmine Immersion Technologies, an Ethereum-focused treasury company led by Tom Lee, increased its Ethereum reserves to a record high last week by purchasing an additional 50,928 ETH! 🚀
The company made this purchase between February 23 and March 1, 2026, worth approximately $98.6 million - $103 million (at an ETH price range of ~$1,976 - $2,037). This is part of the company's aggressive "Alchemy of 5%" strategy (targeting 5% of the Ethereum supply) and has brought its reserves to 3.71% in 8 months. Current status (official announcements as of March 2-3, 2026):