- BitMine Ethereum holdings reached 5,847,611 ETH after a 32,447-token weekly purchase.
- BitMine stakes 5,067,309 ETH and projects $330 million in annualized revenue.
- BMNR stock gained about 4% while Ethereum advanced 30% during the week.
BitMine Ethereum holdings reached 5,847,611 ETH after the company acquired another 32,447 tokens during the past week. BitMine valued the position near $14.3 billion using an ETH price of $2,440. Its combined crypto, cash, securities, and strategic investments totaled $14.9 billion. Meanwhile, BMNR stock gained about 4% to trade near $23.78.
BitMine Ethereum Holdings Move Closer to 5% Supply Goal
The latest purchase lifts BitMine Ethereum holdings to roughly 4.8% of Ethereum’s 120.7 million circulating supply. The company remains the largest publicly disclosed Ethereum treasury holder.
BitMine aims to own 5% of the supply, equal to approximately 6.04 million ETH. Therefore, it needs about 187,000 additional tokens to reach that target.
The company has added ETH every week since launching its Ethereum treasury strategy in June 2025. Its newest acquisition carried an estimated value near $79.2 million using BitMine’s reported reference price.
Beyond ETH, BitMine holds 210 BTC and $308 million in cash and marketable securities. It also owns a $180 million Beast Industries stake and an $89 million Eightco position.
Chairman Tom Lee said ETH gained 30% during the week, its strongest performance since May 2025. He linked the rally to easing financial conditions, tokenization, artificial intelligence, and improved risk appetite.
Staking Revenue and BMNR Stock Rise With ETH Rally
BitMine Ethereum holdings include 5,067,309 staked ETH, representing about 87% of the total position. The staked tokens carried a reported value of approximately $12.4 billion.
BitMine projects $330 million in annualized staking revenue. Full deployment through its staking network and partners could produce $381 million annually at a 2.67% yield.
BMNR stock advanced alongside Ethereum’s weekly rally. Shares traded around $23.78, gaining approximately 4.2% during Monday’s session.
The BitMine Ethereum holdings update keeps the company ahead of SharpLink and The Ether Machine. Their disclosed positions stand near 863,020 ETH and 496,712 ETH, respectively.
BitMine also ranks behind Strategy among public crypto treasury companies. Strategy holds 840,447 BTC, while BitMine Ethereum holdings represent the largest disclosed corporate ETH position.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.