BitMine Immersion Technologies, the Ethereum treasury company chaired by Fundstrat’s Tom Lee and listed on the NYSE under ticker BMNR, purchased 42,197 ETH worth roughly $73 million over the past week. This purchase lifts the company’s total ETH holdings to 5,742,237, representing approximately 4.8% of Ethereum’s circulating supply. BitMine also disclosed holding 206 BTC, a $180 million stake in Beast Industries, and a $71 million stake in Eightco Holdings, alongside $527 million in cash and marketable securities. The company’s staked ETH position remained unchanged at 4,879,157. The continued weekly accumulation cements BitMine as the largest corporate holder of ETH, keeping it on track toward its stated goal of controlling 5% of ETH’s total supply.
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