bitmine

📰 Tom Lee: Bitmine Will Outperform The Crypto Bull Market
Bitmine Immersion Technologies (BNR) is about to capture 5% of Ethereum’s (ETH) circulating supply just 15 months after it began accumulating the second-largest crypto asset by market cap. Executive Chair Thomas “Tom” Lee believes reaching the target positions the digital asset treasury (DAT) company to outperform the broader crypto market in the upcoming bull cycle. […] The post Tom Lee: Bitmine Will Outperform The Crypto Bull Market appeared first on Blockzeit.
Source : Blockzeit
Time : 2026-10-12 15:15:42
Credit : giancarlo perlas
#bitmine #tom_lee #ethereum_news
$ETH $BTC $STX

📰 Bitmine Surpasses 6M ETH, Closing In on 5% of Ethereum Supply
Bitmine Immersion Technologies is closing in on a staggering prize: ownership of 5% of Ethereum’s entire ether supply. The company disclosed on Monday that its treasury now holds 6.03 million ETH, representing 4.9% of all tokens in circulation. With $16.2 billion in combined holdings, Tom Lee’s ethereum accumulation machine is approaching its ambitious target after […]
Source : Bitcoin News
Time : 2026-10-12 14:40:38
Credit : jamie redman
#bitmine #altcoin_treasuries #crypto_news #ethereum_(eth) #tom_lee
$ETH

🚨 BitMine isn’t slowing down on Ethereum.

The company reportedly scooped up another 12,532 ETH worth roughly $32M, bringing its holdings above 6 MILLION ETH.

$ETH #Ethereum #BitMine

🐋 Bitmine bought 12,532 more $ETH last week (~$32M)
• Treasury now 6,028,946 ETH: 4.9% of all supply
• Only ~76K ETH left before its 5% stop line
• At last week's pace that cap lands in ~6 weeks
• 84% of the pile is staked, ~$336M/yr projected
📉 $ETH $2,531: today's $2,580 push faded, RSI 48
🎯 My take: hold $2,514 = base intact; lose it → $2,406
💬 What happens to ETH when its biggest buyer stops? 👇
#Ethereum #Bitmine #ETH

🚨 JUST IN: TOM LEE’S BITMINE JUST BOUGHT $31 MILLION WORTH OF ETHEREUM!

BitMine has reportedly acquired another 12,532 $ETH worth approximately $31 million.

That’s a serious move.

While traders focus on short-term price swings, major players are making significant moves in the Ethereum market.

🔥 Here’s why it matters:

💎 12,532 ETH acquired roughly $31 million in value.

🐂 Institutional accumulation watch BitMine’s purchases put its Ethereum strategy in the spotlight.

📈 The bigger question: Is this another sign of growing institutional conviction in Ethereum, or simply part of BitMine’s ongoing treasury strategy?

One purchase doesn’t guarantee a rally. But when large companies accumulate crypto, the market pays attention.

Is $ETH preparing for its next major move?

#Ethereum #ETH #BitMine #CryptoNews $ETC

🚨 Bitmine now holds 6.03M ETH (~4.9% of supply), signaling major institutional accumulation.
This level of treasury concentration could reduce circulating liquidity and influence long-term price dynamics.
Whale-scale ETH buildup often precedes supply shocks — watch for reduced exchange inflows.
Is this the start of a structural shift in Ethereum’s market balance?
#Bitmine

$ETH #TradingSignal #CryptoAnalysis

🚨 JUST IN: TOM LEE'S BITMINE ADDS MORE $ETH ! 👀

Big money is still making moves in Ethereum.

BitMine reportedly purchased 12,532 ETH worth around $31 million. That's a serious position — and traders will be watching to see whether more accumulation follows. 🐋

But here's the important part: one large purchase doesn't guarantee an immediate price pump. The bigger picture matters, too.

📊 Is institutional confidence in ETH growing, or is this just another move in a much bigger strategy?

Would you accumulate $ETH at current levels, or wait for a better entry? 👇

#ETH #Ethereum #BitMine #CryptoNews #ChainBaller

BITMINE IS CLOSING IN ON ITS 5% ETH SUPPLY TARGET!
#Bitmine isn’t slowing down its #Ethereum accumulation. The company reportedly added another 12,532 ETH worth around $31.67 million last week, pushing its total holdings to a massive 6,028,946 ETH, valued at approximately $15.24 billion.
That puts Bitmine’s stash at around 4.94% of ETH’s total supply. And here’s the interesting part: it’s reportedly just 77,442 $ETH away from reaching its 5% accumulation target.
At this scale, even another relatively small purchase could bring that milestone within reach. The big question now is whether Bitmine will hit its target soon --- or continue accumulating beyond it.
Nearly 5% of all ETH in one treasury. That’s a position worth watching.

📈 BITMINE HOLDS 4.83% OF ETHEREUM SUPPLY

BitMine’s ETH reserve has reached 5.85 million ETH, valued at approximately $14.27 billion

• Current share of ETH supply: 4.83%
• Target: 5% of ETH supply
• Target progress: 96.7%

BitMine is getting closer to its goal of holding 5% of Ethereum’s supply
#ETHSupply #Bitmine

Tom Lee’s Bitmine made it official: it holds 6.03 million $ETH , equal to 4.9% of Ethereum’s total supply. Its crypto assets and cash add up to $16.2 billion, and it’s aiming for 5%.

In the same week, spot ETH ETFs saw $542 million in net outflows.

On one side, Wall Street institutions are voting with their feet and redeeming. On the other, Tom Lee is putting real money on the line and buying in—while declaring on October 7 that “this bull run could be the biggest one yet.” Both sides are betting on ETH’s future, and the stakes are out in the open—which side are you on?

A: Bet with Tom Lee—the bull market’s engine is ETH
B: The redeeming institutions are the smart money; wait and see

#以太坊 #TomLee #Bitmine

Bitmine bought another 12532 $ETH this week. And the staking figure is the same again

Last week I said I’d check whether it had moved. It hasn’t:
August 24 — 5067309
October 4 — 5067309
October 11 — 5067309

Meanwhile, the balance grew from 5.85 million to 6028946 ETH. So everything bought since then is sitting outside staking

Purchases are also slowing down: 15112 in the week leading up to October 4, 12532 in the week leading up to October 11. Cash: $643M on October 4 → $612M on October 11
And the company itself says it’s 99% of the way to its goal — 5% of all ETH

Basically, it looks like they’re on the home stretch with their purchases

I don’t have $ETH , and I’m not changing anything based on this report. Of the coins, I hold $BNB
; stablecoins are in Simple Earn Flexible

Next week I’ll open a fresh report and let you know here whether they’ve hit 5%, so follow along if you’re keeping an eye on it too

#Bitmine #ETH

“E-guard” Tom Lee’s “BitMine” purchased $31 million worth of 12,532 USD in ETH#eth #Bitmine

Ethereum treasury company Bitmine announced that it had purchased approximately $32 million worth of $ETH , bringing its total Ethereum holdings to 6.03 million ETH, or 4.9% of the circulating supply. Company chairman Tom Lee said Bitmine’s Ethereum reserves are nearing their target and that the accumulation phase is largely complete. He also predicted that the crypto market may be heading for the biggest bull run in history.

#以太坊 #ETH #Bitmine

(Source: Decrypt)

⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.

With another 200,000 ETH, BitMine would own 5% of Ethereum’s supply. It currently holds 5.85 million ETH, worth $14.27 billion.

This isn’t just accumulating coins—it’s trying to become Ethereum’s shadow whale. With 5% of the supply in its hands, the circulating supply would shrink significantly. If ETH really takes off, shorts won’t even have a chance to get out. On the other hand, selling a position this large would take time, so don’t expect it to dump its holdings anytime soon.

$ETH #BitMine #Ethereum

The biggest corporate $ETH buyer just told the market when it will stop.

At TOKEN2049 Singapore, Tom Lee said BitMine will halt ETH purchases once it reaches 5% of supply. Its latest filing shows 6,016,414 ETH, about 4.9% of roughly 122.1M ETH.

The numbers behind the cap:
- BitMine needs only about 100,000 more ETH to hit 5%. Lee says that takes 6-7 weeks at the current pace.
- That's roughly $250-270M of final buying at current prices. After that, no more capital raises to buy ETH.
- Holdings can still grow through staking rewards, so Lee now says BitMine could sell staking rewards to stay under the cap. In August, he said there was no reason to sell and that 5% might go higher.

ETH reportedly dropped about 5% on the news, and that makes sense. For months, the market had a reliable buyer absorbing supply. Now that buyer has an end date.

Two more things to watch:
- One third-party estimate puts BitMine's unrealized ETH losses near $4.5B. That's not a company figure, but it shows how much the treasury rides on price.
- Selling staking rewards turns a buyer into a small, steady seller. Small, but not zero.

The fair counterpoint: a cap shows discipline. It removes the risk of endless share dilution to buy more ETH, and 6M ETH staked long-term is still supply locked away from the market.

Was BitMine's buying holding ETH up, or will the market barely notice when it stops?

Like and follow for treasury company news without the cheerleading.

#Ethereum #BitMine

Tom Lee revealed BitMine will stop purchasing Ethereum once their total holdings reach a 5 percent cap of the overall supply.

#EthereumSupply #BitMine ‎

#Bitmine #Ethereum
🐋 BitMine Nears the Finish Line: Aggressive Ethereum Buying Spree Could End in Just 6 Weeks

The largest corporate holder of Ethereum is approaching its self-imposed cap. BitMine Immersion Technologies Chairman Tom Lee stated that the company will stop purchasing $ETH once its holdings reach 5% of the coin's total supply.

📊 Key Facts and Figures:
Current Holdings: As of October 4, BitMine holds 6,016,414 ETH (~4.9% of the total supply of 122.1 million ETH).
Remaining Amount: Only about 88,586 ETH (or approximately $221 million at a price of $2,500) is needed to reach the limit.
Available Resources: The company has $643 million in cash and securities, so there is more than enough liquidity to complete the strategy.

⏳ What Is the Timeline?
The last disclosed purchasing rate was 15,112 ETH per week. At this pace, BitMine will reach the 5% mark in approximately 5.9 weeks—meaning by mid-November 2026.
(According to Lookonchain data from October 7, the company may have already purchased an additional 12,500 ETH via BitGo, reducing the remaining balance to ~76,086 ETH and accelerating the process).

🔄 What Comes Next? Staking Replaces Purchasing
Once the capacity for open-market purchases is exhausted due to the 5% limit, the focus will shift to staking income:
As of October 4, BitMine had already staked 5.07 million ETH (~84% of its holdings), generating an estimated $363 million in annual revenue.
If the entire balance were staked, annual revenue at a 2.63% yield could rise to $431 million.

⚠️ The main challenge for the company:
Staking rewards will continuously increase the amount of $ETH on the balance sheet. This means that staking itself will push BitMine’s share above the 5% threshold. The company will have to either leave a "buffer" when making purchases or sell the staking rewards to avoid exceeding the established limit.

ETH may lose a major steady buyer: Tom Lee says Bitmine will stop accumulating once its holdings reach 5% of ETH’s circulating supply. The accumulation marathon that began in mid-2025 is nearing its end. The company is already the world’s largest Ethereum treasury, just one step away from its target.

#ETH #Bitmine #TomLee #Ethereum

Bitmine sets a 5% cap on ETH accumulation; it has not announced a sell-off

I’ll lower my expectations for Bitmine’s continued long-term ETH buying, but I won’t interpret “we’ll stop buying at 5%” as meaning it has already started selling off its holdings. For ETH holders, the next step is to check actual purchases and where staking rewards are going, rather than continuing to treat Bitmine as a buyer with no endpoint.

On October 7, Tom Lee said at TOKEN2049 that Bitmine would stop adding to its holdings once they reached 5% of the ETH supply; the company’s website also described this as a hard cap that day. He said it was still about 100,000 ETH short of the target. This is a plan for when the threshold is reached, not an announcement that buying had already stopped that day.

According to the company’s October 5 announcement, as of October 4 it held 6,016,414 ETH, about 4.9% of the supply, and had still bought 15,112 ETH over the previous week. These figures predate the statement about stopping purchases and cannot be treated as evidence of continued buying after the statement.

The implication is that one source of steady buying could diminish in the future, not that its existing holdings will immediately become selling pressure. But “stop buying” also doesn’t mean “never sell”: according to Cointelegraph’s recap, Lee previously said that to avoid exceeding 5%, the company might sell ETH earned from staking. That is a possible future arrangement, not a sell order that has already been executed.

Over the next week, I’ll check the company’s new disclosures for actual purchases, changes in holdings, and how staking rewards are handled. An increase in holdings alone isn’t enough to prove that ETH was bought with cash; nor can the cap be used to calculate a definite date when purchases will stop.

If the company raises the cap and discloses continued purchases, I’ll raise my expectations for this source of buying pressure. If net selling occurs, I’ll distinguish between sales of staking rewards and reductions in existing holdings before reassessing selling pressure. Changes by a single buyer still cannot substitute for the supply and demand dynamics of the entire market.

#以太坊 #Bitmine #Institutional Funds