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BitMine Adds 42,197 ETH in One Week, Ethereum Holdings Reach 5.74 MillionBitMine has continued buying Ethereum, adding another 42,197 ETH to its treasury in just one week. This brings the company's total holdings to 5,742,237 ETH, making it one of the largest corporate holders of Ethereum. The company now owns around 4.8% of Ethereum's circulating supply. This level of ownership is rare and shows BitMine's strong confidence in Ethereum's long-term future. BitMine Keeps Buying Ethereum BitMine has been following the same strategy for several months by buying ETH regularly, even during market dips. Instead of making large public announcements, the company has quietly continued increasing its holdings. A large part of its Ethereum is also being staked. Staking locks the coins on the Ethereum network, reducing the amount of ETH available for trading in the market. Lower Supply Could Support Prices As BitMine removes more Ethereum from circulation, the available supply on exchanges continues to shrink. With fewer coins available for sale, market participants believe this could help support Ethereum's price over the long term. Many analysts see this steady accumulation as one of the factors strengthening Ethereum's market structure. Corporate Interest in Ethereum Is Growing Until recently, most companies focused on building Bitcoin treasuries. BitMine is taking a different approach by making Ethereum a major part of its balance sheet. Ethereum offers additional benefits such as staking rewards and support for smart contracts, giving companies more reasons to hold the asset beyond simple price appreciation. BitMine's strategy could encourage more public companies to add Ethereum to their own treasuries in the future. Large Holdings Also Bring Risks Holding such a large amount of Ethereum also comes with challenges. Since much of the ETH is staked, it cannot be sold immediately if market conditions change. In addition, regulators may pay closer attention as a single company controls a significant share of the Ethereum network. If BitMine ever needed to sell a large amount of ETH, it could have a noticeable impact on the market. Conclusion BitMine's latest purchase shows that the company remains highly confident in Ethereum despite ongoing market uncertainty. Its continued buying reduces the available supply while increasing institutional ownership of the asset. If more companies follow the same strategy, Ethereum could become an even more important asset for corporate treasuries in the years ahead. #Bitmine #ETH #Ethereum #USLaunchesNewStrikesAgainstIran

BitMine Adds 42,197 ETH in One Week, Ethereum Holdings Reach 5.74 Million

BitMine has continued buying Ethereum, adding another 42,197 ETH to its treasury in just one week. This brings the company's total holdings to 5,742,237 ETH, making it one of the largest corporate holders of Ethereum.
The company now owns around 4.8% of Ethereum's circulating supply. This level of ownership is rare and shows BitMine's strong confidence in Ethereum's long-term future.
BitMine Keeps Buying Ethereum
BitMine has been following the same strategy for several months by buying ETH regularly, even during market dips. Instead of making large public announcements, the company has quietly continued increasing its holdings.
A large part of its Ethereum is also being staked. Staking locks the coins on the Ethereum network, reducing the amount of ETH available for trading in the market.
Lower Supply Could Support Prices
As BitMine removes more Ethereum from circulation, the available supply on exchanges continues to shrink. With fewer coins available for sale, market participants believe this could help support Ethereum's price over the long term.
Many analysts see this steady accumulation as one of the factors strengthening Ethereum's market structure.
Corporate Interest in Ethereum Is Growing
Until recently, most companies focused on building Bitcoin treasuries. BitMine is taking a different approach by making Ethereum a major part of its balance sheet.
Ethereum offers additional benefits such as staking rewards and support for smart contracts, giving companies more reasons to hold the asset beyond simple price appreciation.
BitMine's strategy could encourage more public companies to add Ethereum to their own treasuries in the future.
Large Holdings Also Bring Risks
Holding such a large amount of Ethereum also comes with challenges. Since much of the ETH is staked, it cannot be sold immediately if market conditions change.
In addition, regulators may pay closer attention as a single company controls a significant share of the Ethereum network. If BitMine ever needed to sell a large amount of ETH, it could have a noticeable impact on the market.
Conclusion
BitMine's latest purchase shows that the company remains highly confident in Ethereum despite ongoing market uncertainty. Its continued buying reduces the available supply while increasing institutional ownership of the asset.
If more companies follow the same strategy, Ethereum could become an even more important asset for corporate treasuries in the years ahead.
#Bitmine #ETH #Ethereum #USLaunchesNewStrikesAgainstIran
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Article
Bitmine Keeps Buying Ethereum. Tom Lee Believes in the Power of the CLARITY ActBitmine Immersion Technologies continues to aggressively accumulate Ethereum, further strengthening its position among the world's largest corporate ETH holders. The company's latest purchase, worth approximately $74 million, has increased its total holdings to nearly 5.74 million ETH, representing about 4.8% of Ethereum's circulating supply. According to Bitmine Chairman Tom Lee, the company's strategy is about more than long-term accumulation. He believes growing optimism surrounding the proposed CLARITY Act could become a major catalyst for both Ethereum and the broader cryptocurrency industry. Bitmine Moves Closer to Its Ambitious Goal The latest acquisition added another 42,197 ETH to Bitmine's treasury, bringing the company even closer to its long-term objective known as "5% Alchemy"—a strategy aimed at controlling approximately five percent of Ethereum's total circulating supply. In addition to its Ethereum holdings, Bitmine also owns a diversified portfolio of digital assets, cash, and marketable securities valued at more than $11 billion. Approximately 85% of the company's assets are allocated to Ethereum through its proprietary MAVAN staking infrastructure, allowing Bitmine to generate additional yield while maintaining its long-term exposure to ETH. Tom Lee: Regulatory Clarity Could Accelerate Institutional Adoption Tom Lee has long been one of Wall Street's strongest advocates for institutional cryptocurrency adoption. He believes the proposed CLARITY Act could establish the regulatory certainty needed to encourage more financial institutions to enter the blockchain industry. According to Lee, clearer regulations would significantly boost adoption of smart contract platforms, with Ethereum remaining the dominant blockchain in that segment. On social media, Lee has also described the current environment as the beginning of a "crypto spring," marking a transition from years of regulatory uncertainty toward a more supportive framework for institutional participation. Bitmine Is Betting on More Than Price Appreciation Unlike companies that simply hold cryptocurrencies on their balance sheets, Bitmine has built a strategy focused on actively utilizing its Ethereum holdings. Through its proprietary staking infrastructure, the company not only accumulates additional ETH but also generates recurring yield from its existing holdings. Because of this approach, Bitmine is increasingly being described as the "Michael Saylor of Ethereum." Similar to how Strategy has systematically accumulated Bitcoin, Bitmine continues expanding its Ethereum treasury while simultaneously earning staking rewards from its holdings. Investors Are Watching the Next Move If Bitmine maintains its current pace of acquisitions, it could soon achieve its goal of controlling approximately 5% of Ethereum's circulating supply. At the same time, investors remain focused on the progress of the CLARITY Act. Many analysts believe its eventual approval could accelerate institutional adoption of blockchain technology and increase demand not only for Ethereum but for the broader cryptocurrency market as well. #Bitmine , #ETH , #TomLee , #CLARITYAct , #CryptoNews Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies. Disclaimer: The information and opinions presented in this article are for informational and educational purposes only and should not be considered financial or investment advice. Nothing on this page constitutes a recommendation to buy or sell any assets. Cryptocurrency investments are inherently risky and may result in financial loss. Always do your own research before making any investment decisions.

Bitmine Keeps Buying Ethereum. Tom Lee Believes in the Power of the CLARITY Act

Bitmine Immersion Technologies continues to aggressively accumulate Ethereum, further strengthening its position among the world's largest corporate ETH holders. The company's latest purchase, worth approximately $74 million, has increased its total holdings to nearly 5.74 million ETH, representing about 4.8% of Ethereum's circulating supply.
According to Bitmine Chairman Tom Lee, the company's strategy is about more than long-term accumulation. He believes growing optimism surrounding the proposed CLARITY Act could become a major catalyst for both Ethereum and the broader cryptocurrency industry.
Bitmine Moves Closer to Its Ambitious Goal
The latest acquisition added another 42,197 ETH to Bitmine's treasury, bringing the company even closer to its long-term objective known as "5% Alchemy"—a strategy aimed at controlling approximately five percent of Ethereum's total circulating supply.
In addition to its Ethereum holdings, Bitmine also owns a diversified portfolio of digital assets, cash, and marketable securities valued at more than $11 billion.
Approximately 85% of the company's assets are allocated to Ethereum through its proprietary MAVAN staking infrastructure, allowing Bitmine to generate additional yield while maintaining its long-term exposure to ETH.
Tom Lee: Regulatory Clarity Could Accelerate Institutional Adoption
Tom Lee has long been one of Wall Street's strongest advocates for institutional cryptocurrency adoption. He believes the proposed CLARITY Act could establish the regulatory certainty needed to encourage more financial institutions to enter the blockchain industry.
According to Lee, clearer regulations would significantly boost adoption of smart contract platforms, with Ethereum remaining the dominant blockchain in that segment.
On social media, Lee has also described the current environment as the beginning of a "crypto spring," marking a transition from years of regulatory uncertainty toward a more supportive framework for institutional participation.
Bitmine Is Betting on More Than Price Appreciation
Unlike companies that simply hold cryptocurrencies on their balance sheets, Bitmine has built a strategy focused on actively utilizing its Ethereum holdings.
Through its proprietary staking infrastructure, the company not only accumulates additional ETH but also generates recurring yield from its existing holdings.
Because of this approach, Bitmine is increasingly being described as the "Michael Saylor of Ethereum." Similar to how Strategy has systematically accumulated Bitcoin, Bitmine continues expanding its Ethereum treasury while simultaneously earning staking rewards from its holdings.
Investors Are Watching the Next Move
If Bitmine maintains its current pace of acquisitions, it could soon achieve its goal of controlling approximately 5% of Ethereum's circulating supply.
At the same time, investors remain focused on the progress of the CLARITY Act. Many analysts believe its eventual approval could accelerate institutional adoption of blockchain technology and increase demand not only for Ethereum but for the broader cryptocurrency market as well.
#Bitmine , #ETH , #TomLee , #CLARITYAct , #CryptoNews
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies.
Disclaimer:
The information and opinions presented in this article are for informational and educational purposes only and should not be considered financial or investment advice. Nothing on this page constitutes a recommendation to buy or sell any assets. Cryptocurrency investments are inherently risky and may result in financial loss. Always do your own research before making any investment decisions.
ETH+2.28%
BMNRonAlpha
BMNRUS+3.11%
One is adding to the position, one is selling off—ETH’s market makers are trading insultsEveryone’s guessing BTC’s direction, but I’m here eating the ETH drama. Today on-chain there are two giant whales, and their moves are completely opposite. BitMine is back. Last time it added 40,000 ETH, and today it added another 20.5k coins, worth $35.92 million. This address has been continuously buying ETH—not making a small move, but moving tens of millions at a time into the wallet. What about the other one? The mega whale known in the scene as “shorted 16 altcoins and made $3.5 million” sold $13.69 million worth of ETH today. It’s like first thing in the morning, it’s pocketing profits from short positions while simultaneously dumping the spot holdings in its hands. One thinks ETH is undervalued and can’t bear to stop accumulating; the other thinks it’s time to run and clear the position.

One is adding to the position, one is selling off—ETH’s market makers are trading insults

Everyone’s guessing BTC’s direction, but I’m here eating the ETH drama.
Today on-chain there are two giant whales, and their moves are completely opposite.
BitMine is back. Last time it added 40,000 ETH, and today it added another 20.5k coins, worth $35.92 million. This address has been continuously buying ETH—not making a small move, but moving tens of millions at a time into the wallet.
What about the other one? The mega whale known in the scene as “shorted 16 altcoins and made $3.5 million” sold $13.69 million worth of ETH today. It’s like first thing in the morning, it’s pocketing profits from short positions while simultaneously dumping the spot holdings in its hands.
One thinks ETH is undervalued and can’t bear to stop accumulating; the other thinks it’s time to run and clear the position.
🛒 Absolute conviction: Bitmine buys 40,000 more ETH despite stock market plunge 📉💎 Bitmine Immersion Technologies (BMNR), led by Wall Street veteran Tom Lee, doubles down on its aggressive institutional strategy by acquiring an additional 40,000 ethers (ETH). This massive move comes immediately after it bought 42,197 ETH last week. What’s surprising is that the company keeps its relentless accumulation pace despite its shares suffering a harsh accumulated decline, while its fund faces unrealized losses due to the market correction. Tom Lee argues that ETH is undervalued and is seeking to control 5% of the circulating supply, supporting its treasury with million-dollar staking income. $ETH {spot}(ETHUSDT) $BTC {spot}(BTCUSDT) $SOL {spot}(SOLUSDT) 💬 Do you think Bitmine’s strategy with Ethereum will surpass MicroStrategy’s success with Bitcoin? 👇 #Write2Earn #Bitmine #Ethereum #TomLee #CryptoNews
🛒 Absolute conviction: Bitmine buys 40,000 more ETH despite stock market plunge 📉💎

Bitmine Immersion Technologies (BMNR), led by Wall Street veteran Tom Lee, doubles down on its aggressive institutional strategy by acquiring an additional 40,000 ethers (ETH).

This massive move comes immediately after it bought 42,197 ETH last week.

What’s surprising is that the company keeps its relentless accumulation pace despite its shares suffering a harsh accumulated decline, while its fund faces unrealized losses due to the market correction.

Tom Lee argues that ETH is undervalued and is seeking to control 5% of the circulating supply, supporting its treasury with million-dollar staking income.
$ETH
$BTC
$SOL

💬 Do you think Bitmine’s strategy with Ethereum will surpass MicroStrategy’s success with Bitcoin? 👇

#Write2Earn #Bitmine #Ethereum #TomLee #CryptoNews
So Whinery kNWa:
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Bullish
Verified
Two treasury giants. Two completely different strategies. While #strategy paused its Bitcoin buying and has the ability to sell $BTC if needed, Bitmine continues to double down on $ETH . Last week, Tom Lee's Bitmine purchased another 42,197 ETH, worth approximately $74M. That brings #Bitmine 's total holdings to 5,742,237 ETH, now valued at around $10.06B. As more public companies build crypto treasuries, their approaches are starting to diverge ... Strategy remains focused on Bitcoin, while Bitmine is aggressively accumulating Ethereum. The contrast between the two strategies will be one of the most interesting trends to watch this cycle. {future}(BTCUSDT) {future}(ETHUSDT)
Two treasury giants. Two completely different strategies.
While #strategy paused its Bitcoin buying and has the ability to sell $BTC if needed, Bitmine continues to double down on $ETH .
Last week, Tom Lee's Bitmine purchased another 42,197 ETH, worth approximately $74M.
That brings #Bitmine 's total holdings to 5,742,237 ETH, now valued at around $10.06B. As more public companies build crypto treasuries, their approaches are starting to diverge ... Strategy remains focused on Bitcoin, while Bitmine is aggressively accumulating Ethereum.
The contrast between the two strategies will be one of the most interesting trends to watch this cycle.
BTC+2.49%
ETH+2.28%
BMNRUS+3.11%
BitMine acquires additional 42,197 $ETH #BitMine announces acquisition of 42,197 $ETH, bringing its total holdings to 5,742,237 $ETH at $1,800 per $ETH. BitMine hasn't added $ETH in staking over the past week. The total staked $ETH by BitMine is 4,879,157. BitMine is a pioneering digital asset platform dedicated to maximizing ETH per share and advancing the #Ethereum ecosystem through strategic treasury management and native protocol participation. 👉 prnewswire.com/in/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-74-million-tokens-and-total-crypto-and-total-cash-holdings-of-11-1-billion-302818100
BitMine acquires additional 42,197 $ETH

#BitMine announces acquisition of 42,197 $ETH, bringing its total holdings to 5,742,237 $ETH at $1,800 per $ETH. BitMine hasn't added $ETH in staking over the past week. The total staked $ETH by BitMine is 4,879,157.

BitMine is a pioneering digital asset platform dedicated to maximizing ETH per share and advancing the #Ethereum ecosystem through strategic treasury management and native protocol participation.

👉 prnewswire.com/in/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-74-million-tokens-and-total-crypto-and-total-cash-holdings-of-11-1-billion-302818100
BitMine invests another $74 million in Ethereum While most institutional investors are betting on bitcoin, BitMine is taking a different path. This publicly traded tech giant has just strengthened its position in Ethereum with a $74 million purchase. For many crypto analysts, this choice contrasts with Strategy’s approach. But it’s not just that! It could also redefine Ethereum’s place (today considered the world’s second-largest cryptocurrency) on company balance sheets. BitMine has acquired an additional approximately $74 million worth of Ethereum. The company now holds 5.74 million ETH, i.e., close to 4.8% of the circulating supply. More than 4.87 million ETH are already staked on Ethereum, generating recurring income. Its chairman, Tom Lee, estimates that changes in the U.S. regulatory framework could accelerate institutional adoption of Ethereum. This strategy contrasts with Strategy’s, which is still primarily focused on bitcoin. Ethereum: BitMine moves closer to its 5% supply target According to data published on July 5, BitMine now holds 5,742,237 ETH. This represents an increase of 42,197 tokens compared with its previous report. The reference price is approximately $1,759 per token at the time of the announcement. Therefore, BitMine’s latest Ethereum purchase is worth close to $74 million. This announcement is particularly significant because it places BitMine at 4.8% of the Ethereum supply. In other words, the company has covered roughly 95% of the way toward its stated goal: 5% of the network’s total crypto treasury. $BITCOIN {alpha}(10x72e4f9f808c49a2a61de9c5896298920dc4eeea9) $ETH {spot}(ETHUSDT) $CPOOL {alpha}(10x66761fa41377003622aee3c7675fc7b5c1c2fac5) #Bitmine
BitMine invests another $74 million in Ethereum

While most institutional investors are betting on bitcoin, BitMine is taking a different path. This publicly traded tech giant has just strengthened its position in Ethereum with a $74 million purchase. For many crypto analysts, this choice contrasts with Strategy’s approach. But it’s not just that! It could also redefine Ethereum’s place (today considered the world’s second-largest cryptocurrency) on company balance sheets.

BitMine has acquired an additional approximately $74 million worth of Ethereum.

The company now holds 5.74 million ETH, i.e., close to 4.8% of the circulating supply.

More than 4.87 million ETH are already staked on Ethereum, generating recurring income.

Its chairman, Tom Lee, estimates that changes in the U.S. regulatory framework could accelerate institutional adoption of Ethereum.

This strategy contrasts with Strategy’s, which is still primarily focused on bitcoin.

Ethereum: BitMine moves closer to its 5% supply target

According to data published on July 5, BitMine now holds 5,742,237 ETH. This represents an increase of 42,197 tokens compared with its previous report. The reference price is approximately $1,759 per token at the time of the announcement. Therefore, BitMine’s latest Ethereum purchase is worth close to $74 million.

This announcement is particularly significant because it places BitMine at 4.8% of the Ethereum supply. In other words, the company has covered roughly 95% of the way toward its stated goal: 5% of the network’s total crypto treasury.

$BITCOIN
$ETH
$CPOOL
#Bitmine
🔄💎 Capital Rotation: Bitmine acquires 42,000 ETH as the market debates the sale of BTC 📈🚀 In a clear contrast of corporate strategies, the company Bitmine, led by the renowned financial analyst Tom Lee, announced the acquisition of 42,000 Ether ($ETH), spending approximately 74 million dollars 🏛️💰. While corporations such as Strategy reduce positions in Bitcoin to restructure capital, Bitmine accelerates its institutional accumulation with the goal of controlling 5% of Ethereum’s circulating supply 🧬📊. Tom Lee argues that the ETH narrative as a "global monetary asset" will gain strength for the rest of the year, driven by tokenization and new regulations on the way ⚖️. $ETH {spot}(ETHUSDT) $BTC {spot}(BTCUSDT) #BinanceSquare #Bitmine #Ethereum #TomLee #CryptoTreasury 🚀
🔄💎 Capital Rotation: Bitmine acquires 42,000 ETH as the market debates the sale of BTC 📈🚀

In a clear contrast of corporate strategies, the company Bitmine, led by the renowned financial analyst Tom Lee, announced the acquisition of 42,000 Ether ($ETH ), spending approximately 74 million dollars 🏛️💰.

While corporations such as Strategy reduce positions in Bitcoin to restructure capital, Bitmine accelerates its institutional accumulation with the goal of controlling 5% of Ethereum’s circulating supply 🧬📊.

Tom Lee argues that the ETH narrative as a "global monetary asset" will gain strength for the rest of the year, driven by tokenization and new regulations on the way ⚖️.

$ETH
$BTC

#BinanceSquare #Bitmine #Ethereum #TomLee #CryptoTreasury 🚀
BitMine, Sharplink and Joe Lubin Accelerate Wall Street Ethereum Institutional will serve as a point of contact for financial institutions seeking to get more involved with on-chain infrastructure. This development reflects broader trends in the digital asset ecosystem, where institutional participation continues to reshape market dynamics. Major financial players are increasingly integrating blockchain infrastructure into traditional operations, signaling a shift in how established institutions approach decentralization technologies. Industry analysts note increased correlation between regulatory clarity and infrastructure deployment across multiple jurisdictions. The convergence of compliance frameworks with technical standards creates new opportunities for sustainable growth while maintaining innovation momentum in the sector. Industry watchers are monitoring whether this marks a turning point or temporary volatility. Will this trend continue or reverse? Drop your take below. 👇 #BitMine #Sharplink #Lubin
BitMine, Sharplink and Joe Lubin Accelerate Wall Street

Ethereum Institutional will serve as a point of contact for financial institutions seeking to get more involved with on-chain infrastructure.

This development reflects broader trends in the digital asset ecosystem, where institutional participation continues to reshape market dynamics. Major financial players are increasingly integrating blockchain infrastructure into traditional operations, signaling a shift in how established institutions approach decentralization technologies.

Industry analysts note increased correlation between regulatory clarity and infrastructure deployment across multiple jurisdictions. The convergence of compliance frameworks with technical standards creates new opportunities for sustainable growth while maintaining innovation momentum in the sector.

Industry watchers are monitoring whether this marks a turning point or temporary volatility. Will this trend continue or reverse? Drop your take below. 👇

#BitMine #Sharplink #Lubin
$ETH BITMINE BETS $43M ON THE DIP — WHALES ARE ACCUMULATING ⚡ BitMine just scooped up $43M in Ethereum, buying straight into the selloff. That's institutional-sized conviction, not retail noise. When the big players load up like this, the market often flips. Are you stacking at these levels or waiting for lower prices? Not financial advice. Always manage your risk. #ETH #BitMine #WhaleAccumulation #Crypto ⚡
$ETH BITMINE BETS $43M ON THE DIP — WHALES ARE ACCUMULATING ⚡

BitMine just scooped up $43M in Ethereum, buying straight into the selloff. That's institutional-sized conviction, not retail noise. When the big players load up like this, the market often flips.

Are you stacking at these levels or waiting for lower prices?

Not financial advice. Always manage your risk.

#ETH #BitMine #WhaleAccumulation #Crypto

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Bitmine’s ETH Treasury Tops 5.7 Million Tokens as Tom Lee Eyes the “5% Alchemy” Bitmine increased its Ethereum treasury to over 5.7 million ETH, advancing toward its 5% ownership target while expanding staking income despite weak prices and continued ETF outflows. Bitmine has pushed its Ethereum holdings past 5.7 million ETH after another week of steady buying, putting the company within striking distance of its publicly stated goal: controlling 5% of Ethereum’s entire circulating supply. Another Week, Another Purchase: According to a June 29 company announcement, Bitmine added 27,084 ETH over the past week, lifting its total treasury to just over 5.7 million tokens. Based on those figures, the firm now holds roughly 4.7% of Ethereum’s estimated 120.7 million circulating supply. Chairman Tom Lee reiterated his expectation that Bitmine could reach what he’s called the “alchemy of 5%” sometime in 2026. Buying Through a Down Week: What stands out about the latest purchase is the timing — it came during a rough stretch for the broader market, with Ethereum falling around 8% over the same period. Bitmine kept accumulating regardless, and continues to keep the bulk of its holdings staked rather than idle: nearly 4.9 million ETH, or about 85% of the treasury, is currently staked and worth roughly $7.7 billion at current prices. Lee said the company projects annualized staking revenue of around $211 million, with its staking operations recently posting an annualized seven-day yield of 2.75%. That staking income has become more than a side benefit — it’s increasingly tied to Bitmine’s capital structure directly, with the firm’s BMNP preferred-share dividend plan linking shareholder payouts to both the size of the Ethereum treasury and the income it generates. #Bitmine #ETH $ETH More: https://bitnxt.io/news/bitmine-ethereum-treasury-5-7-million-eth-5-percent-goal
Bitmine’s ETH Treasury Tops 5.7 Million Tokens as Tom Lee Eyes the “5% Alchemy”

Bitmine increased its Ethereum treasury to over 5.7 million ETH, advancing toward its 5% ownership target while expanding staking income despite weak prices and continued ETF outflows.

Bitmine has pushed its Ethereum holdings past 5.7 million ETH after another week of steady buying, putting the company within striking distance of its publicly stated goal: controlling 5% of Ethereum’s entire circulating supply.

Another Week, Another Purchase:
According to a June 29 company announcement, Bitmine added 27,084 ETH over the past week, lifting its total treasury to just over 5.7 million tokens. Based on those figures, the firm now holds roughly 4.7% of Ethereum’s estimated 120.7 million circulating supply. Chairman Tom Lee reiterated his expectation that Bitmine could reach what he’s called the “alchemy of 5%” sometime in 2026.

Buying Through a Down Week:
What stands out about the latest purchase is the timing — it came during a rough stretch for the broader market, with Ethereum falling around 8% over the same period. Bitmine kept accumulating regardless, and continues to keep the bulk of its holdings staked rather than idle: nearly 4.9 million ETH, or about 85% of the treasury, is currently staked and worth roughly $7.7 billion at current prices.
Lee said the company projects annualized staking revenue of around $211 million, with its staking operations recently posting an annualized seven-day yield of 2.75%. That staking income has become more than a side benefit — it’s increasingly tied to Bitmine’s capital structure directly, with the firm’s BMNP preferred-share dividend plan linking shareholder payouts to both the size of the Ethereum treasury and the income it generates.

#Bitmine #ETH $ETH

More: https://bitnxt.io/news/bitmine-ethereum-treasury-5-7-million-eth-5-percent-goal
📊 Index Integration: Crypto Stocks Join Major Benchmarks On June 30, 2026, Bitmine's inclusion in the Russell 1000 Index represents a milestone for crypto's integration into traditional finance. The Russell 1000 tracks the largest 1,000 US stocks — and now includes a company with 5.7M ETH on its balance sheet. This means pension funds, endowments, and ETF providers that track the Russell 1000 automatically gain exposure to Bitmine — and by extension, to Ethereum. Index inclusion is one of the most powerful adoption channels because it's passive and permanent. 📌 Key Takeaway: Russell 1000 inclusion of crypto-native companies creates permanent, passive institutional exposure — the most powerful adoption channel because it requires no active decision. #Russell1000 #Bitmine #InstitutionalAdoption #BinanceAlphaAlert
📊 Index Integration: Crypto Stocks Join Major Benchmarks
On June 30, 2026, Bitmine's inclusion in the Russell 1000 Index represents a milestone for crypto's integration into traditional finance. The Russell 1000 tracks the largest 1,000 US stocks — and now includes a company with 5.7M ETH on its balance sheet.
This means pension funds, endowments, and ETF providers that track the Russell 1000 automatically gain exposure to Bitmine — and by extension, to Ethereum. Index inclusion is one of the most powerful adoption channels because it's passive and permanent.

📌 Key Takeaway:
Russell 1000 inclusion of crypto-native companies creates permanent, passive institutional exposure — the most powerful adoption channel because it requires no active decision.

#Russell1000 #Bitmine #InstitutionalAdoption
#BinanceAlphaAlert
🏢 Corporate Adoption: Bitmine Shows the Way for Public Companies On June 30, 2026, Bitmine's 5.7 million ETH holding (~$9B) alongside its Russell 1000 membership marks a milestone. A crypto-native company now sits in a major US stock index, giving traditional investors indirect exposure to Ethereum $ETH. This creates a template: public companies accumulating digital assets gain exposure to crypto's upside while remaining compliant with securities regulations. As more companies follow Bitmine's playbook, corporate demand for ETH and BTC could become a significant market force. 📌 Key Takeaway: Bitmine's Russell 1000 membership with 5.7M ETH treasury creates a blueprint for public companies seeking compliant crypto exposure. #CorporateAdoption #Bitmine #Ethereum #BinanceAlphaAlert
🏢 Corporate Adoption: Bitmine Shows the Way for Public Companies
On June 30, 2026, Bitmine's 5.7 million ETH holding (~$9B) alongside its Russell 1000 membership marks a milestone. A crypto-native company now sits in a major US stock index, giving traditional investors indirect exposure to Ethereum $ETH .
This creates a template: public companies accumulating digital assets gain exposure to crypto's upside while remaining compliant with securities regulations. As more companies follow Bitmine's playbook, corporate demand for ETH and BTC could become a significant market force.

📌 Key Takeaway:
Bitmine's Russell 1000 membership with 5.7M ETH treasury creates a blueprint for public companies seeking compliant crypto exposure.

#CorporateAdoption #Bitmine #Ethereum
#BinanceAlphaAlert
$ETH WHALES ACCUMULATING WHILE RETAIL PANICS 🔥 Bitmine just scooped up another 27,084 ETH this week, bringing their total to over 5.7 million coins — nearly 5% of the entire supply. They’re buying right as price drops from $1,780 to $1,570 and ETF outflows hit $500M in June. They still have $555M in cash and earn $211M/year from staking. Russell 1000 inclusion opens the door for institutional flows. Retail is dumping, whales are stacking — classic cycle pattern. Are you accumulating here or waiting for a lower entry? Not financial advice. Always manage your risk. #ETH #WhaleAccumulation #Bitmine #Crypto 💎
$ETH WHALES ACCUMULATING WHILE RETAIL PANICS 🔥

Bitmine just scooped up another 27,084 ETH this week, bringing their total to over 5.7 million coins — nearly 5% of the entire supply. They’re buying right as price drops from $1,780 to $1,570 and ETF outflows hit $500M in June.

They still have $555M in cash and earn $211M/year from staking. Russell 1000 inclusion opens the door for institutional flows. Retail is dumping, whales are stacking — classic cycle pattern.

Are you accumulating here or waiting for a lower entry?

Not financial advice. Always manage your risk.

#ETH #WhaleAccumulation #Bitmine #Crypto

💎
🏢 Corporate Signal: Bitmine's Ethereum Accumulation Decoded On June 30, 2026, Bitmine disclosed 5.7 million ETH holdings worth ~$9B at current $1,583.92 prices. This isn't random — it's a deliberate corporate treasury strategy. Corporations accumulating ETH alongside BTC signals Ethereum's monetary premium is gaining institutional recognition. Bitmine's Russell 1000 inclusion adds another dimension: passive index funds must hold Bitmine shares, giving traditional investors indirect ETH exposure. This creates a feedback loop of institutional demand for both ETH and companies holding it. 📌 Key Takeaway: Bitmine's 5.7M ETH treasury with Russell 1000 inclusion creates an institutional demand loop — ETH is entering the traditional finance bloodstream. #Ethereum #Bitmine #CorporateTreasury #BinanceAlphaAlert
🏢 Corporate Signal: Bitmine's Ethereum Accumulation Decoded
On June 30, 2026, Bitmine disclosed 5.7 million ETH holdings worth ~$9B at current $1,583.92 prices. This isn't random — it's a deliberate corporate treasury strategy. Corporations accumulating ETH alongside BTC signals Ethereum's monetary premium is gaining institutional recognition.
Bitmine's Russell 1000 inclusion adds another dimension: passive index funds must hold Bitmine shares, giving traditional investors indirect ETH exposure. This creates a feedback loop of institutional demand for both ETH and companies holding it.

📌 Key Takeaway:
Bitmine's 5.7M ETH treasury with Russell 1000 inclusion creates an institutional demand loop — ETH is entering the traditional finance bloodstream.

#Ethereum #Bitmine #CorporateTreasury
#BinanceAlphaAlert
🏢 Corporate Bitcoin Adoption: Bitmine Expands ETH Treasury On June 30, 2026, Bitmine disclosed it has lifted its Ethereum holdings to 5.7 million ETH, worth approximately $9 billion at current prices. The company also joined the Russell 1000 Index, marking a milestone for crypto-native companies entering mainstream finance. Bitmine's aggressive ETH accumulation mirrors MicroStrategy's BTC strategy — using corporate treasury to acquire digital assets. The Russell 1000 inclusion provides exposure to institutional investors who track the index. 📌 Key Takeaway: Bitmine's 5.7M ETH holding and Russell 1000 inclusion validates crypto as a legitimate corporate treasury asset alongside traditional equities. #Ethereum #Bitmine #CorporateAdoption #BinanceAlphaAlert
🏢 Corporate Bitcoin Adoption: Bitmine Expands ETH Treasury
On June 30, 2026, Bitmine disclosed it has lifted its Ethereum holdings to 5.7 million ETH, worth approximately $9 billion at current prices. The company also joined the Russell 1000 Index, marking a milestone for crypto-native companies entering mainstream finance.
Bitmine's aggressive ETH accumulation mirrors MicroStrategy's BTC strategy — using corporate treasury to acquire digital assets. The Russell 1000 inclusion provides exposure to institutional investors who track the index.

📌 Key Takeaway:
Bitmine's 5.7M ETH holding and Russell 1000 inclusion validates crypto as a legitimate corporate treasury asset alongside traditional equities.

#Ethereum #Bitmine #CorporateAdoption
#BinanceAlphaAlert
🐳 Tom Lee’s BitMine is quietly closing in on 5% of Ethereum’s total supply This is a number that accumulates slowly, yet becomes more and more astonishing. BitMine Immersion Technologies, led by the well-known analyst Tom Lee, has been steadily adding to its ETH holdings, with its stake now approaching 5% of Ethereum’s total supply. So what does this mean? If a publicly listed company truly manages to secure 5% of the total ETH supply across the network, it would become one of the most important “whale” institutional holders in the Ethereum ecosystem—its influence comparable to Strategy’s role in the BTC ecosystem back then. Even more noteworthy is that, over the same period, another institution, SharpLink, has also continued to build up its ETH position (see the next post for details). The two companies appear to be competing in a kind of “building an enterprise ETH reserve” race. And all of this is happening while ETH’s price is relatively low for the year, with market sentiment widely pessimistic. The institutions’ counter-cyclical timing, once again, shows a clear mismatch with retail investors’ sentiment cycles. Do you think an “enterprise ETH reserve” will become the next narrative, just like “enterprise BTC reserves”?👇 #ETH #BitMine #BinanceSquare
🐳 Tom Lee’s BitMine is quietly closing in on 5% of Ethereum’s total supply

This is a number that accumulates slowly, yet becomes more and more astonishing.

BitMine Immersion Technologies, led by the well-known analyst Tom Lee, has been steadily adding to its ETH holdings, with its stake now approaching 5% of Ethereum’s total supply.

So what does this mean?

If a publicly listed company truly manages to secure 5% of the total ETH supply across the network, it would become one of the most important “whale” institutional holders in the Ethereum ecosystem—its influence comparable to Strategy’s role in the BTC ecosystem back then.

Even more noteworthy is that, over the same period, another institution, SharpLink, has also continued to build up its ETH position (see the next post for details). The two companies appear to be competing in a kind of “building an enterprise ETH reserve” race.

And all of this is happening while ETH’s price is relatively low for the year, with market sentiment widely pessimistic.

The institutions’ counter-cyclical timing, once again, shows a clear mismatch with retail investors’ sentiment cycles.

Do you think an “enterprise ETH reserve” will become the next narrative, just like “enterprise BTC reserves”?👇

#ETH #BitMine #BinanceSquare
Tom Lee’s Bitmine Immersion Technologies Bought Another 27,084 $ETH Last Week ($42.5M) And Now Holds 5,700,040 ETH ($8.9B) $BMNR Total Holdings: ➤ 5,700,040 Ethereum (~$8.9B) ➤ 4,879,157 ETH Staked (~$7.7B), 85%+ Of Holdings ➤ 206 BTC ➤ $555M Cash & Marketable Securities ➤ $254M In “Moonshot” Investments (Beast Industries + Eightco) Total Crypto + Cash + Securities + Moonshots: ~$9.8 Billion Key Highlights: ➤ Owns 4.7% Of Ethereum’s Total Supply ➤ ~$246M Projected Annual Staking Rewards ➤ ~$211M Projected Annual Staking Revenue ➤ 94% Progress Toward The 5% ETH Supply Goal ➤ Largest Ethereum Treasury In The World ➤ #2 Largest Crypto Treasury Globally After $MSTR ➤ Added To The Russell 1000 Large-Cap Index ➤ Supported By ARK, Founders Fund, Pantera, Kraken, Galaxy Digital, DCG & More #Bitmine Is Now Just ~335,000 ETH Away From Reaching Its Ambitious Goal Of Owning 5% Of Ethereum’s Entire Supply.
Tom Lee’s Bitmine Immersion Technologies Bought Another 27,084 $ETH Last Week ($42.5M) And Now Holds 5,700,040 ETH ($8.9B)

$BMNR Total Holdings:
➤ 5,700,040 Ethereum (~$8.9B)
➤ 4,879,157 ETH Staked (~$7.7B), 85%+ Of Holdings
➤ 206 BTC
➤ $555M Cash & Marketable Securities
➤ $254M In “Moonshot” Investments (Beast Industries + Eightco)

Total Crypto + Cash + Securities + Moonshots: ~$9.8 Billion

Key Highlights:
➤ Owns 4.7% Of Ethereum’s Total Supply
➤ ~$246M Projected Annual Staking Rewards
➤ ~$211M Projected Annual Staking Revenue
➤ 94% Progress Toward The 5% ETH Supply Goal
➤ Largest Ethereum Treasury In The World
➤ #2 Largest Crypto Treasury Globally After $MSTR
➤ Added To The Russell 1000 Large-Cap Index
➤ Supported By ARK, Founders Fund, Pantera, Kraken, Galaxy Digital, DCG & More

#Bitmine Is Now Just ~335,000 ETH Away From Reaching Its Ambitious Goal Of Owning 5% Of Ethereum’s Entire Supply.
BitMine acquires additional 27,084 $ETH #BitMine announces acquisition of 27,084 $ETH, bringing its total holdings to 5,700,040 $ETH at $1,569 per $ETH. Additionally, BitMine added 160,480 $ETH in staking over the past week, bringing total staked $ETH to 4,879,157. BitMine is a pioneering digital asset platform dedicated to maximizing ETH per share and advancing the #Ethereum ecosystem through strategic treasury management and native protocol participation. 👉 prnewswire.com/in/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-70-million-tokens-and-total-crypto-and-total-cash-holdings-of-9-8-billion-302812849.html
BitMine acquires additional 27,084 $ETH

#BitMine announces acquisition of 27,084 $ETH, bringing its total holdings to 5,700,040 $ETH at $1,569 per $ETH. Additionally, BitMine added 160,480 $ETH in staking over the past week, bringing total staked $ETH to 4,879,157.

BitMine is a pioneering digital asset platform dedicated to maximizing ETH per share and advancing the #Ethereum ecosystem through strategic treasury management and native protocol participation.

👉 prnewswire.com/in/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-70-million-tokens-and-total-crypto-and-total-cash-holdings-of-9-8-billion-302812849.html
🚀 #BitMine Hurricane: The company captures 4.7% of the global #Ethereum supply and boosts its assets to $9.8 billion! 💰 💎 📈 🌟 Led by Tom Lee, BitMine capitalizes on the price drop to accumulate an additional 27,000 Ethereums and breaks into the Russell 1000 index! ✅ 🏦 🐋 👑 $ETH {spot}(ETHUSDT)
🚀 #BitMine Hurricane: The company captures 4.7% of the global #Ethereum supply and boosts its assets to $9.8 billion! 💰 💎 📈

🌟 Led by Tom Lee, BitMine capitalizes on the price drop to accumulate an additional 27,000 Ethereums and breaks into the Russell 1000 index! ✅ 🏦 🐋 👑

$ETH
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