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Buying 71.672 ETH Again, Bitmine Now Controls 4.37% of the World's Ethereum

Bitmine continues to expand its corporate treasury dominance early this week. According to the latest release to the NYSE on Monday (5/18), the company officially absorbed an additional 71.672 ETH tokens from the market. This periodic accumulation action brings Bitmine's total Ethereum holdings to 5.28 million tokens, meaning Bitmine now fully controls 4.37% of the total ETH supply circulating worldwide.
​With this achievement, Bitmine notes that they are 87% of the way toward their main corporate target called “Alchemy of 5%”. This portfolio addition boosts the total value of crypto assets plus company cash to $12.6 billion, of which 4.7 million ETH are locked in the internal validator network (MAVAN) with an estimated annual yield of $289 million.
​Bitmine Chairman, Thomas "Tom" Lee, emphasized that recent market movements were used as a tactical momentum to pursue the remaining target for this year. "We see the recent decline in ETH price below $2,200 as a very attractive opportunity. Bitmine is expected to reach the 'alchemy of 5%' target throughout 2026," Tom Lee said.
ETH0.25%
BMNR-5.82%
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Yunna
· 59m ago
LFG 🔥
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Yunna
· 59m ago
To The Moon 🌕
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Sakura_3434
· 4h ago
2026 GOGOGO 👊
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Sakura_3434
· 4h ago
Thank you for sharing.
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