Bitmine Immersion Technologies bought 71,252 ETH last week, bringing its total to ≈4,803,334 Ethereum. This weekly purchase is the largest since December 2025. 🔸Total ETH held by Bitmine: 4.803 M (~$10–11 B). 🔸Represents approximately 3.98 % of Ethereum’s circulating supply (~120.7 M ETH). This makes them one of the largest corporate ETH holders in the world. Bitmine has been steadily increasing its ETH purchases over the past months, consolidating a large portion of the supply out of active circulation. 💰 Not just ETH, overall balance: In addition to ETH: ✔ BTC (198 BTC) ✔ $864 M in cash ✔ Investments in companies like Beast Industries and Eightco (ORBS) Total combined crypto + cash + “moonshots”: ≈$11.4 B 🔒 ETH staked via MAVAN: Bitmine has staked ~3.33 M ETH on its own platform MAVAN (Made in America Validator Network), generating staking income while holding the asset. The company aims to reach roughly 5 % of total circulating ETH in the coming months, which could continue to put upward pressure on ETH demand if purchases persist.