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Crypto
Bitmine buys 12,532 more ether, nears 5 percent of supply
Bitmine Immersion Technologies bought an additional 12,532 ether over the past week, bringing its holdings to 6,028,946 ether, or 4.9 percent of total ether supply of 122.1 million, Cryptopolitan reported. The company’s target is 6,105,000 ether, leaving it 76,054 short. Chairman Tom Lee put the remaining gap at about 100,000 ETH. The company has been buying weekly since starting its ether treasury strategy on June 30, 2025.
Crypto
BitMine builds 5.9 million ether; 5 percent stake possible without further buys
BitMine, led by Tom Lee (톰 리), has lifted its ether holdings to 5.9 million, nearing a goal of securing 5 percent of circulating supply. Most of its holdings are staked, and an analysis suggests staking rewards alone could cover the remaining shortfall under current assumptions. Calculations vary with changes in overall ether supply and staking yields. The firm also faces choices on whether to hold or convert staking rewards into dollars.
Crypto
Bitmine buys 76,882 more ether in week, nears 5 percent supply target
Bitmine has bought an additional 76,882 ether over the past week, lifting its holdings to 4.66 percent of total supply. As of June 14, it held 5,620,754 ether, about 93 percent of its stated goal to secure 5 percent. The company said the holdings were valued at about $9.3 billion, with total assets of $10.4 billion. It has staked 4,718,677 ether and expects annual staking rewards of about $219 million.