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Crypto

Bitmine Accelerates Ethereum Accumulation, Nears 5% Supply Target

Guavy AI Editorial Team
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ETH
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Tom Lee's Bitmine has been aggressively accumulating Ethereum since June 2025 and is now holding over 6 million units of the cryptocurrency.

The company added 17,362 ETH to its treasury in the last week, pushing its holdings beyond 6 million as it continues towards its goal of owning 5% of the total ETH supply.

Bitmine's Ethereum holdings represent about 4.9% of the current circulating supply of 122.1 million ETH and are valued at around $16.2 billion at an ETH price of $2,698.

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