#Bitmine持有578万枚ETH Institutions are疯狂 accumulating ETH! Bitmine adds nearly ten thousand more ETH again, its holdings ratio is approaching nearly 5% of the entire network, and the bullish signal is clear

A new round of institutional heavy-loading on Ethereum is here! The latest disclosed holdings data from Bitmine (BMNR), a crypto giant listed on the US stock market, shows that last week it went against the trend to add another 9,946 ETH, continuing to execute its long-term weekly DCA coin-accumulation strategy. The institution’s bottom-fishing pace has not stopped.

1、Terrifying holdings size: monopolizing 4.8% of the circulating ETH across the network
As of July 26, Bitmine’s cumulative holdings of Ethereum have already reached more than 5.78 million coins. Based on the current circulating supply across the network, a single institution has directly locked 4.8% of all ETH. It previously set the ultimate target of “securing 5% of the total ETH supply across the network,” and its completion rate is already as high as 96%—it’s only one last step away from hitting the milestone!
Not just ETH heavy holdings—Bitmine’s overall portfolio is quite substantial:
Holds 208 BTC
Has $268 million in cash and marketable securities
Strategic external investments exceeding $240 million
Its total asset size has already surpassed $11.8 billion, making it a clear-cut top-tier crypto asset listed company.

2、The world’s largest ETH staking whale, earning 300 million per year “lying back” on profits
The most important thing is not just accumulating coins, but how it locks them. Bitmine uses its own staking infrastructure, MAVAN, and locks and stakes 85% of its holdings—totalling nearly 4.92 million ETH. This has also enabled it to become the largest single-institution Ethereum staker in the world. Based on current annualized yield estimates, this massive staked asset can generate a steady passive income of $250 million—$300 million for the company every year. The cash flow is extremely intense. And the staking system will later be opened to the outside world, taking in funds from external institutions and continuing to expand its business footprint.

3、Large-scale share buybacks: the institution is extremely optimistic about the outlook
In addition to accumulating ETH, Bitmine has been active and confident in the capital markets recently. In June this year, it was officially selected for the Russell 1000 index for large-cap US stocks, and it also launched a $4 billion super share buyback plan. Since July alone, the company has cumulatively repurchased more than 11.6 million shares. This is the largest buyback operation among listed companies in the industry at present, which is enough to show that insiders are extremely bullish on the future.

4、Tom Lee strongly bullish: ETH could target $2,500
Facing the current market, Bitmine’s chairman Tom Lee gave a clear judgment on the future. He said that although the probability of the US crypto compliance bill being enacted this year has cooled off somewhat, the ETH/BTC exchange rate has held above the three-month high, which is a very positive bullish signal. Combined with ongoing accumulation by Ark Capital, as well as top institutions like Founders Fund, among other leading players, ETH’s price has already risen above the ten-week trend high. The technical picture is fully opening up upside space, and the outlook could see ETH break into the $2,000—$2,500 range.

One-sentence summary: Top institutions keep locking and staking to earn yield, making large share buybacks, and the bigwigs are collectively bullish—this Ethereum medium-term rally’s expectations have been completely unlocked. $ETH ‌