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Crypto

BitMine buys 12,535 more ether, holds 4.9% of total supply

BitMine Immersion Technologies bought an additional 12,535 ether, lifting its total holdings to 6,041,481. The company’s stake is about 4.9% of the 122.1 million ether in total supply, putting it about 99% of the way to its stated goal of reaching 5%. The purchase was worth about $30 million. BitMine values its ether holdings at about $14.3 billion and says total assets were $15.1 billion as of Oct. 18.

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 buys ethereum for 15th straight month, holds 4.9% of total supply

Bitmine Immersion Technologies bought an additional 15,112 ether, taking its total holdings to 6,016,414. The company’s stake equals about 4.9% of ethereum’s total supply of 122.1 million, putting it at 99% of its “Alchemy of 5%” target. The purchase was worth about $41 million. Bitmine said it has bought ethereum weekly since starting its financial strategy on June 30, 2025, and is staking most of its holdings through its MAVAN platform.