BitMine, the company associated with Tom Lee of Fundstrat, continues to aggressively expand its Ethereum strategy, adding another 140,400 ETH to staking.

The move reinforces BitMine’s long-term conviction in Ethereum as a yield-generating digital asset and signals growing corporate participation in on-chain staking infrastructure.

From a strategic standpoint, this means:

• increased ETH supply being locked in staking
• reduced liquid circulating supply
• continued institutional validation of Ethereum’s proof-of-stake model

Investors appear to view the move positively as a strong commitment signal. However, ETH price action remains largely indifferent for now, reflecting broader market conditions and macro-driven flows.

For traders, the key question is whether sustained corporate accumulation and staking flows will eventually translate into supply-side pressure strong enough to impact price, or whether macro liquidity continues to dominate short-term direction.