Bitmine Buys 15,112 ETH as Holdings Near 5% Ethereum Supply Target
Image: Crypto BriefingBitmine Immersion Technologies added 15,112 ETH in the latest week, lifting total holdings to roughly 6.02 million tokens. The firm, chaired by Fundstrat's Tom Lee, has run a weekly Ethereum buying program since June 30, 2025. Its ETH position now equals about 4.9% of Ethereum's 122.1 million token circulating supply, nearing its stated 5% ownership target. Roughly 84% of its ETH holdings are staked, with annualized staking revenue projected at $363 million.
Key points
- Bitmine added 15,112 ETH in the latest week, lifting total holdings to roughly 6.02 million tokens.
- Its ETH holdings equal about 4.9% of Ethereum's 122.1 million token circulating supply, nearing a 5% target.
- Bitmine has run a weekly Ethereum buying program since launching its treasury strategy on June 30, 2025.
Why it matters
Bitmine's large, steadily growing ETH stake and staking activity represent significant institutional allocation to Ethereum. Its projected $363 million in annual staking revenue also highlights yield opportunities for large ETH holders.
Price context · ETH
At publication
$2,718.89
Now
$2,701.44
Change since
−0.64%
7 days · dashed line = publication
Sources · 4 publishers
The Block
Tier 1
Tom Lee says ether ‘dwarfing other macro assets’ as Bitmine adds 15,112 ETH
CoinGape
Tier 2
Tom Lee’s BitMine Adds $41M in ETH as Holdings Reach 6.02M Tokens
Unchained
Tier 1
Tom Lee’s Bitmine Slows Ether Buying for a Second Straight Week, Adding 15,112 ETH
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by The Block
- CryptoVideos brief published
- 1 more publisher added to sources
How this brief was made. Our system found this event in 4 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
