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Bitmine Adds 10,452 ETH, Lifting Holdings to 6.05 Million Tokens Near 5% Supply Target

Bitmine Immersion Technologies has increased its Ethereum holdings to 6,051,933 ETH after acquiring 10,452 tokens over the past week, leaving it roughly 58,000 ETH short of its 5% supply target. The company now controls approximately 4.95% of Ethereum's 122.2 million circulating tokens, with aggregate portfolio assets standing at $15 billion. The purchase extends Bitmine's weekly buying campaign past 58 consecutive weeks. Bitmine has staked 5,227,037 ETH—roughly 86% of its balance—projecting $318 million to $368 million in annualized staking income, while weekly repurchases of 2.04 million common shares pushed total 2026 buybacks to $399.6 million.

Category

Ethereum

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min