Bitmine Doubles Down on Ethereum Haul Amid Surge Past $2,500

Bitmine Immersion Technologies has continued its aggressive accumulation of Ether (ETH) over the past year, adding another 32,447 units to its holdings last week.

This brings Bitmine's total ETH stash to 5,847,611, which represents roughly 4.8% of Ethereum's circulating supply.

The company has been buying ETH every week since launching its Ethereum treasury strategy on June 30, 2025, marking a 14-month streak.

Bitmine's NYSE-traded shares rose about 8.7% to start the week, with nearly 28% gains over the past six months.