BitMine ($BMNR) Amasses $8.98B in Ethereum in Months, Says Tom Lee — Now World’s 2nd-Largest Crypto Reserve

On September 3, COINOTAG News quoted BitMine Chairman Tom Lee, stating that BitMine ($BMNR) is the world’s second-largest cryptocurrency reserve company, holding approximately $8.98 billion in Ethereum—positioned behind MicroStrategy (MSTR) in disclosed digital-asset reserves.

The report adds that BitMine achieved this reserve scale in a matter of months versus MicroStrategy’s more than 1,200 days to reach a similar level; the disclosure highlights a notably accelerated balance-sheet allocation to digital assets and is relevant to corporate liquidity management and institutional reserve strategy discussions.