Bitmine’s 14-month ETH accumulation reaches 97% of its 5% supply goal after adding 32,447 ETH last week.
Bitmine Immersion Technologies purchased 32,447 Ether last week, pushing its total holdings to 5.85 million ETH, or 4.8% of Ethereum’s circulating supply. The company has accumulated ETH weekly since June 30, 2025, extending its streak to 14 months and nearing its 5% ownership target.
The latest acquisition follows Ether’s rally above $2,500, driven by broader crypto market gains and a U.S. Treasury announcement to increase monthly Treasury purchases. Bitmine has staked 5.07 million ETH, representing 87% of its holdings, and reports $14.9 billion in combined assets.
Bitmine’s NYSE-listed shares rose 8.7% at market open, building on a 28% gain over the past six months.