BitMine has acquired 53,501 ETH, expanding its Ethereum holdings to 5.9 million tokens, or approximately 4.9% of Ethereum's circulating supply of 120.7 million. At the reported ETH price of just over $2,500, BitMine's Ethereum holdings are worth nearly $15 billion.
The purchase marks a substantial increase compared to recent acquisitions. In the past two weeks alone, BitMine has accumulated almost 86,000 ETH, including a purchase of 32,447 tokens from the previous week. With 5,901,112 tokens held, BitMine is now 98% of the way toward its stated goal of owning 5% of Ethereum's total supply.
BitMine has maintained a consistent accumulation strategy, purchasing ETH every week for the past 65 weeks since launching its Ethereum treasury strategy on June 30, 2025. This weekly cadence has continued even as other major crypto buyers paused acquisitions amid market uncertainty.
Beyond its holdings, BitMine has staked approximately 5,067,309 tokens, representing roughly 86% of its entire Ethereum stash. The company estimates its current staking operations generate around $335 million in annualized revenue, based on a reported seven-day annualized yield of 2.63%.
BitMine remains the largest corporate Ethereum treasury firm and the second-largest crypto treasury entity overall. Its total crypto, cash, marketable securities, and other investments have reached $15.6 billion, up from $14.9 billion the previous week. Beyond ETH, its treasury includes 211 BTC, $541 million in cash and marketable securities, and investments in Beast Industries and Eighto.
