Bitmine Immersion (BMNR) Accelerates Ethereum Accumulation, Tom Lee Forecasts Bullish 2026

Leading cryptocurrency reserve company Bitmine Immersion (BMNR), co-founded by renowned Wall Street analyst Tom Lee of Fundstrat, is aggressively expanding its Ethereum (ETH) holdings. In a strategic move over the past week, the firm added a substantial 32,977 ETH, propelling its total asset valuation to an impressive $14.2 billion.

As of January 4th, Bitmine’s cumulative Ethereum portfolio reached 4,143,502 ETH, valued at approximately $13 billion. This significant accumulation now represents 3.43% of the total global Ethereum supply. The company is steadily progressing towards Tom Lee’s ambitious “5% alchemy” target, which equates to holding around 6.04 million ETH, having already completed over two-thirds of this strategic objective.

Bitmine’s strategy extends beyond mere accumulation; the company is a proactive participant in the Ethereum network’s governance. A substantial 659,000 ETH is currently committed to staking, with a remarkable 250,000 ETH added to this pool just last week, underscoring their commitment to network security and decentralization.

In a statement released on Monday, Tom Lee shared a compellingly optimistic outlook for the cryptocurrency market, particularly for Ethereum, heading into 2026.

“Given the robust support for the cryptocurrency industry from the U.S. government, the increasing embrace of stablecoins and asset tokenization by Wall Street, the escalating demand for authentication and provenance solutions driven by the AI era, and the growing mainstream adoption of digital assets among younger generations, we hold significant expectations for Ethereum’s trajectory in 2026.”

Lee further noted a historical correlation: the anticipated surge in commodities and precious metals during 2025 often serves as a powerful precursor to a substantial rally in cryptocurrencies. This observation, he suggests, strongly indicates that 2026 is poised to be a landmark year for the digital asset space.