Bitmine Amasses 81M in ETH, Strengthening Its Stance on Ethereum

Bitmine Immersion Technologies has resumed its aggressive Ether accumulation strategy, purchasing $81 million worth of ETH last week. The company added 32,447 ETH to its growing treasury, pushing its holdings to 5,847,611 tokens and reinforcing its long-running strategy of weekly accumulation.

The latest move comes as the Ethereum price surges past $2,500, helping lift Bitmine's (BMNR) stock by 3.5% in pre-market trading. Despite a slowdown in recent months, Bitmine has continued purchasing ETH every week since launching its treasury strategy in June 2025.

Its current stash represents roughly 4.8% of Ethereum's 120.7 million token supply, leaving the company around 187,000 tokens short of its goal of owning 5% of the total supply.