BitMine Immersion Technologies, led by Chair Tom Lee, has amassed approximately $1.5 billion in Ethereum since the October 2025 crypto crash. This substantial accumulation highlights institutional confidence in Ethereum’s long-term potential, impacting market liquidity and signaling shifts in digital asset strategies. 3 million ETH, equivalent to 2.5% of total supply, have been accumulated by BitMine, prompting questions about the sustainability of such large holdings. Tom Lee, Chair of BitMine Immersion Technologies, expects ETH prices to reach between $12,000 and $15,000 by the end of 2025, citing Ethereum’s growing role in tokenization, DeFi, and AI-driven infrastructure.