BitMine Added 7,430 ETH Last Week, With Total ETH Staked Now Exceeding 4.87 Million



BitMine Immersion Technologies (BMNR) slowed its accumulation pace last week — adding just 7,430 ETH (∼$14M) — as it shifted capital to share buybacks.

Key Numbers:

Weekly Addition: 7,430 ETH, the smallest weekly buy since its ETH treasury pivot on June 30, 2025 462bbe40
Total Holdings: 5.78 million ETH, worth ∼$10.8-10.9B, or 4.8% of Ethereum's circulating supply be40
Progress to Goal: 96% toward its famous "Alchemy of 5%" target (5% of 120.7M ETH supply) be40
Staked Balance: Now 4.88 million ETH staked, with latest data showing 4,879,157 ETH staked in previous weeks 22c3
Staking Revenue: Projected annualized revenue of ∼$235M to $284M at current yields dfcb

Why The Slowdown?

Chairman Tom Lee confirmed the reduced pace reflects a 5.5 million share buyback executed last week for $86M at an average price of $15.61. The buyback was done under its $4B authorization. ab16

BitMine remains the largest corporate ETH holder in the world and the second-largest corporate digital asset treasury behind Strategy, with total crypto + cash holdings at $11.5B. be40ab16

The company has now bought ETH every week since inception of the treasury strategy and is just 0.2% away from owning 1 in every 20 ETH in existence.

#BMNR #ETH #Ethereum #Staking #TomLee $ETH ‌ ‌
ETH1.25%
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