While the market digests volatility, BitMine Immersion Technologies quietly became the largest corporate Ethereum treasury in the world — now holding 4,371,497 ETH (3.62% of total supply) and staking 3.04 million of them.
Current annualized staking revenue: $176 million
At full MAVAN deployment: up to $252 million per year
Total crypto + cash + investments: $9.6 billion
Chairman Tom Lee dropped pure conviction at Consensus Hong Kong: “Ethereum’s three secular drivers — Wall Street tokenization, AI agents, and creators on L2s — are stronger than ever. We are buying every dip because the long-term outlook is outstanding.”
This is what real institutional belief looks like — not selling the fear, but stacking the future. Respect to every project and holder building on Ethereum right now.