Bitmine Nears Ethereum Supply Milestone with New Purchases
- Bitmine holds 6,001,302 ETH, valued at approximately $16.2 billion, representing about 4.9% of the circulating supply.
- The company has been purchasing Ethereum weekly since June 30, adding another $47 million worth last week.
- Over five million ETH are staked, generating a seven-day annualized yield of approximately 2.62%.
- Total holdings reach $17.2 billion including other assets like Bitcoin and marketable securities.
Bitmine Immersion Technologies is close to achieving its “Alchemy of 5%” target by acquiring nearly six million ETH since mid-2025. The company’s aggressive acquisition strategy has made it the largest Ethereum treasury globally.
With over $16 billion in Ethereum holdings and significant staking revenue potential, Bitmine is strategically positioned as a major player in the crypto space, second only to Bitcoin treasury firm Strategy in corporate crypto holdings.(Source)
