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Bitmine's 'Alchemy of 5%' Dream Takes Shape with 5.79M ETH Treasury

Guavy AI Editorial Team
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BitMine Immersion Technologies has added 9,946 Ethereum tokens to its treasury, bringing the total holdings to 5.79 million ETH.

This marks a significant milestone in the company's goal to own 5% of the total Ethereum supply, which it has dubbed 'The Alchemy of 5%.'

BitMine's accumulation strategy has been ongoing since June 30, 2025, and its current holdings represent approximately 4.8% of Ethereum's circulating supply.

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