Bitmine adds 9,946 ETH in weekly purchase, lifts holdings to 5,787,414 ETH
AI Market Summary
Bitmine (BMNR) added 9,946 ETH (~$19.4m), lifting holdings to 5,787,414 ETH (~$11.2bn), about 4.8% of circulating supply and nearing its 5% target. Continued weekly accumulation since June 2025 signals persistent institutional-style demand concentration in ETH. Management also accelerated share buybacks, reinforcing commitment to the treasury strategy. Strength in the ETH/BTC ratio supports a broader risk-on tone in crypto.
Impact level
● High
Affected assets
ETH/USDT+1.20%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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Bitmine (BMNR) added 9,946 ether (ETH) last week, valued at about $19.4 million, taking its holdings to 5,787,414 ETH worth $11.2 billion, or roughly 4.8% of ETH’s circulating supply. The company also repurchased 6.1 million shares, up from 5.5 million a week earlier, within its $4 billion buyback authorization. Bitmine has increased its ETH treasury every week since launching the strategy in June 2025 and is aiming to accumulate 5% of circulating ETH.
