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Bitmine buys 15,112 Ether, boosting total treasury holdings to 6.02 million ETH

Bitmine Immersion Technologies expanded its Ethereum treasury to 6,016,414 ETH after purchasing 15,112 tokens over the past week. The holdings are valued at roughly $16.4 billion at $2,726 per ETH, representing 4.9% of Ethereum's circulating supply and bringing total portfolio assets to $17.4 billion. Bitmine has staked 5,067,309 ETH, or about 84% of its reserves, via its MAVAN platform to generate between $363 million and $431 million in projected annualized staking revenue. The ongoing weekly acquisitions advance a treasury strategy launched in June 2025 targeting 5% of circulating supply.

Category

Ethereum

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min