Bitmine, an ethereum treasury company, bought an additional 52,202 ether in a week, raising its total holdings to 5,672,956 ether. As of June 21, this amounts to 4.7% of ethereum’s total supply of 120.70 million tokens, about 94% of its stated 5% target. Bitmine valued its ether at $1,733 per token and put total ether holdings at $9.83 billion, with total assets at $10.7 billion including bitcoin, cash, securities and other investments.

BitMine Immersion Technologies has increased its ether holdings to 5,543,872 ETH, equivalent to 4.59% of total ether supply. The company bought about 127,000 ETH over the past week, moving closer to its goal of holding 5% of supply, which it calls “Alchemy of 5%.” It said 4.72 million ETH is staked and outlined expected annualised returns from staking. The firm also reported holdings of 204 bitcoin and $247 million in cash.