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Bitmine Ethereum Treasury

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Bitmine Immersion Technologies (NYSE: BMNR) is the largest corporate Ethereum treasury, holding over 4% of total ETH supply as of May 2026. Chairman Tom Lee — Fundstrat co-founder — directs the "Alchemy of 5%" strategy, backed by MOZAYYX, Founders Fund, Pantera, Galaxy Digital, and ARK Invest, with most ETH staked through MAVAN for protocol yield.