Bitmine adds 12,532 ETH as Tom Lee flags potential ‘largest-ever’ crypto bull market

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
Bitmine adds 12,532 ETH as Tom Lee flags potential ‘largest-ever’ crypto bull marketWorldPing
Image via The Block.

What happened

Bitmine (BMNR) added 12,532 ETH last week, lifting its Ethereum treasury to 6.03 million tokens, or 4.9% of supply, with 84% staked.

Key facts

  • Bitmine (BMNR) added 12,532 ETH last week, lifting its Ethereum treasury to 6.03 million tokens, or 4.9% of supply, with 84% staked.
  • Reported by The Block and published Mon, 12 Oct 2026 13:43:32 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Australia proposes leverage caps for crypto-settled derivatives

  2. Thailand wants a piece of the $120 billion Bitcoin and Ethereum ETF market, but on its own terms

  3. Ledger claims CryptoBilis cases are limited as up to $93 million is traced, $10 million frozen

  4. Here’s what happened in crypto today

  5. EU targets MiCA loophole that lets crypto exchanges serve 27 countries with one license

  6. Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'

  7. Bitmine adds 12,532 ETH as Tom Lee flags potential ‘largest-ever’ crypto bull market

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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Brief by WorldPing · Original reporting by Cointelegraph