Tom Lee's BMNR Adds 1 BTC, Expands ORBS Stake By $7M Amid Ethereum Buying Spree

• The company bought 1 BTC, raised its ORBS stake to $98 million, and added 27,180 ETH over the past week.

• Tom Lee said the ETH/BTC ratio has broken a long-term trend and that tokenization and agentic AI are driving the next crypto cycle.

• The GENIUS Act and SEC's Project Crypto could transform financial markets like the 1971 gold standard decision, Lee said.

BitMine Immersion Technologies (BMNR) announced on Monday that it bought 1 Bitcoin (BTC) and raised its stake in Eightco Holdings (ORBS) by $7 million.

The purchase brings BitMine's Bitcoin stake to 212 coins. Its stake in ORBS rose to $98 million from $91 million. Cash and market securities fell to $549 million from $593 million, according to the company's statement. Its stake in Beast Industries was unchanged at $180 million.

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BitMine also announced that it acquired 27,180 Ethereum (ETH) over the past week, taking its total to 5.96 million tokens. The company put that at 143,622 short of 6.1 million ETH, the level it says would give it 5% of the supply. That figure assumes a total supply of 122 million.

BMNR's stock was down 0.2% in morning trading, amid broader weakness in the tech market. On Stocktwits, the retail sentiment around BMNR remained in the 'bearish' zone, with chatter at 'low' levels over the past day.