Another major player in the crypto asset space is quietly positioning itself in Ethereum.

Bitmine Immersion Technologies is making waves—backed by Tom Lee, co-founder of Fundstrat, a well-known figure on Wall Street. In less than a week, they have invested 32,977 ETH. What does this mean? Even amid a slowdown in market activity, they continue to buy aggressively.

Looking at their current holdings reveals how aggressive their pace is. As of January 4th, Bitmine holds 4.14 million ETH, accounting for 3.43% of the total Ethereum supply. To put it another way, within the entire Ethereum ecosystem, this company's influence is already significant. Plus, they hold 1.92 BTC, over $915 million in cash, and combined with cryptocurrencies, cash, and strategic investments, their total holdings reach $14.2 billion—what level is this? A top-tier industry player.

Even more interesting is their staking strategy. They have staked 659,219 ETH, worth over $2.1 billion. Based on the current Ethereum staking rate of 2.8%, once fully deployed, the annual staking income could reach $374 million. This calculation shows that staking itself has become a stable cash flow.

The company's slogan is to become the world's largest "new capital" ETH buyer, with a small target of controlling 5% of the total Ethereum supply. If this "5% alchemy" comes true, its influence within the Ethereum ecosystem will be significantly different.

By the way, MAVAN's US-based validator network is also about to go live. Coupled with the current macro policy favorable window, this move indicates a big strategic game. From holdings data to staking strategies, from validator networks to supply targets, every step exudes a sense of careful planning.