BitMine Purchases 27,180 Ethereum, Nears 5% of Total Supply

BitMine Immersion Technologies (BMNR) has continued its aggressive Ethereum (ETH) purchasing strategy, adding 27,180 ETH to its treasury in the latest update.

The company now holds 5.96 million ETH, pushing it to 98% of its goal of owning 5% of Ethereum's total supply, which is approximately 122 million tokens.

BitMine has been buying ETH every week since June 30, 2025, and has staked a significant portion of its holdings through MAVAN, the in-house Made in America Validator Network it built this year.

The company's treasury also includes other assets such as Bitcoin (BTC), Beast Industries, and Eightco Holdings, with a combined value of $15.8 billion.