Browsing: Bitmine

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In the latest Ethereum news today, Bitmine is 187,000 ETH away from owning 5% of the entire Ethereum supply, and last week’s buy closed the gap fast.

ETH gained 30% in the past week, the largest weekly gain since May 2025 and July 2021.Both precedent instances were followed by subsequent gains of +170% and +167%, respectively.

Bitmine Immersion Technologies (NYSE: $BMNR) purchased nearly 10,000 more Ethereum (CRYPTO: $ETH) over the past week. 

Ethereum’s native token, Ether (ETH), has fallen more than 60% from its 2025 peak near $4,700. Still, a combination of long-term technical support and renewed institutional accumulation suggests the cryptocurrency may be approaching another major rebound phase.

Tom Lee’s BitMine Immersion Technologies staked another 150,120 Ethereum (ETH) tokens, worth roughly $278 million. The move deepens one of the largest corporate bets on Ethereum’s proof-of-stake network.

Ethereum treasury company Bitmine Immersion Technologies said Monday it bought another 10,399 ETH, or roughly $19.5 million worth, over the past week, extending a year-long buying streak that has made it the world’s largest corporate holder of Ethereum.

BitMine Launches Ethereum Staking Platform MAVAN, Eyes $300M in Annual Yield | CoinMarketCap BitMine Launches Ethereum Staking Platform MAVAN, Eyes $300M in Annual Yield Table of Contents CMC Crypto News

BitMine generated $45.743 million from staking and validation in the three months ended May 31, 2026, equal to 98.3% of its $46.535 million in total revenue, according to a Form 10-Q filed July 14.

Ethereum treasury company Bitmine barely moved the needle on its ETH stack last week, adding just 7,430 ETH—about $14 million—as it steered capital toward buying back its own shares instead.