According to him, these developments are creating a structural “supercycle” for Ethereum to thrive and “lead a greater transformation of today’s financial system.”
As a result, the firm has set a long-term target of owning 5% of the total ETH supply. With its current holdings close to 2%, BitMine has already covered nearly 40% of that path.
Meanwhile, BitMine’s Ethereum-heavy activities have lifted its profile on Wall Street.
According to Fundstrat, the company’s stock trades an average daily dollar volume of $1.7 billion, ranking 30th among all US-listed equities.
That places it between Bank of America (29th) and Exxon Mobil (31st), signaling how crypto-linked equities are increasingly competing with traditional blue-chip stocks for liquidity.
As part of its commitment to the Ethereum ecosystem, BitMine has announced a “moonshot strategy” that would see it deploy 1% of its balance sheet to ecosystem investments into projects designed to expand the blockchain network’s utility.
Lee explained that Worldcoin’s zero-knowledge Proof of Human credential is an innovation that could strengthen digital trust and safety across technology platforms.
