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Crypto

BitMine buys another 127,000 ether, raises holdings to 4.59% of supply

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.

Crypto

BitMine holds 4.47% of ether supply, buys 111,942 ETH in a week

BitMine Immersion Technologies bought an additional 111,942 ETH over the past week, a purchase worth 370 billion yen, raising its ether holdings to 5,390,404 ETH, equal to 4.47% of the total supply. The company valued its holdings at about $11.5 billion using an ETH price of $2,134. It is also increasing staking, with 4,712,917 ETH staked as of May 25 and an annualised yield of 2.75%.

Crypto

BitMine nears 5% of Ethereum supply as Tom Lee weighs slowing buying pace

BitMine has signalled it may adjust the pace of additional Ethereum purchases as it nears a goal of securing 5 percent of total supply, Chairman Tom Lee said in a keynote speech at Consensus 2026 in Miami. The company holds more than 5.1 million ETH, valued at about $11.9 billion. Lee said BitMine has reached 4.29 percent in less than a year and could hit 5 percent within six weeks.