Search results for Made in America Validator Network
Crypto
Bitmine secures 4.9% of Ethereum supply as holdings rise to $17.1 billion
Bitmine Immersion Technologies has secured 5.98 million ether, giving it about 4.9% of Ethereum’s total supply, and its cash and crypto holdings have risen to $17.1 billion. Chairman Tom Lee has called the target of holding 5% of supply the “Alchemy of 5%”. The company says it has been buying ether weekly since launching its financial strategy on June 30, 2025, and is staking most of its holdings through its MAVAN network.
Crypto
Bitmine holds 4.49% of total Ethereum supply, slows buying pace
Bitmine, an Ethereum treasury company, has sharply slowed the pace of additional Ethereum purchases over the past week. As of May 31, it held 5,416,901 ETH, equal to 4.49% of Ethereum’s total supply of 120.7 million ETH. Weekly acquisitions fell to 26,497 ETH from 111,942 ETH a week earlier. The company has highlighted a goal of reaching 5% ownership, which its chairman said could be achieved in 2026.
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%.
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Crypto
Tom Lee says crypto market spring has finally arrived; BitMine speeds up ETH buying
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Crypto
BitMine buys 101,901 more ether, total holdings rise to 5,078,386 ETH
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Crypto
Bitmine buys 101,627 more ether, holdings top 4,976,485
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Crypto
BitMine buys an additional 71,524 ether, now holds 4.04 percent of total supply
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Crypto
BitMine buys another 71,252 ether, set to move to NYSE main board