#BitMineAdds111942ETHInOneWeek

**━━━━━━━━━━━━━━━━━━**

**🔥 BITMINE LARGEST ETH ACCUMULATION UPDATE**

**━━━━━━━━━━━━━━━━━━**

**📊 WEEKLY ETH PURCHASE SUMMARY**

BitMine purchased **111,942 ETH** last week, with an estimated value of around **$237 million USD**.

This marks the **largest single-week ETH acquisition of 2026** so far.

**📈 TOTAL ETH HOLDINGS**

The company’s total holdings have now increased to approximately **5.39 million ETH**.

This represents nearly **4.47% of the total circulating ETH supply**, showing strong institutional concentration.

**🎯 TARGET PROGRESS UPDATE**

BitMine is actively working toward its goal of holding **5% of total ETH supply**.

At current levels, the firm has already achieved around **88% of its target**.

**💰 STAKING REVENUE INSIGHT**

* More than **4.7 million ETH** are currently staked

* Estimated annualized staking revenue: **~$276 million USD**

This highlights a dual strategy of **accumulation + yield generation** through staking rewards.

**🧠 MARKET COMMENTARY (TOM LEE VIEW)**

Chairman Tom Lee described ETH price drops below **$2,200** as an attractive accumulation opportunity.

This reflects strong institutional conviction during market weakness.

**📊 INDEX INCLUSION POTENTIAL**

BitMine is expected to be included in the **Russell 1000 Index**.

If confirmed, this could trigger additional **passive inflows from index funds**, further increasing exposure.

**⚡ FINAL TAKE**

This is not just accumulation—it reflects a long-term institutional positioning strategy that may significantly impact ETH supply dynamics over time.
‍$ETH$ETH