Bitmine’s Ethereum Holdings Cross 4% Milestone After Latest Weekly Accumulation
Bitmine Immersion Technologies has pushed its Ethereum (ETH) publicity to new highs. The agency’s holdings surpassed 4% of the full ETH provide because it accelerates its accumulation technique.
In its newest replace, the corporate revealed it acquired 71,524 ETH over the previous week, its “highest tempo of buys for the reason that week of December 22, 2025.”
Bitmine Moves Closer to Its 5% ETH Supply Target After Latest Buy
The newest purchase brings Bitmine’s complete holdings to roughly 4.87 million ETH. This places it roughly 81% of the way in which towards its “Alchemy of 5%” goal, 9 months after launching its ETH treasury technique.
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Beyond Ethereum, Bitmine’s broader stability sheet displays a diversified portfolio. The firm presently holds 198 Bitcoin, alongside fairness stakes valued at $200 million in Beast Industries and $85 million in Eightco Holdings. It additionally reported money reserves of roughly $719 million.
Tom Lee Frames Ethereum as Wartime Safe Haven
Bitmine Chairman Thomas Lee argued that Ethereum has emerged as a standout performer over the previous few weeks. He famous that ETH has gained 17.4% for the reason that onset of the continuing geopolitical battle.
The second-largest cryptocurrency has outperformed the S&P 500 by 1,830 foundation factors and surpassed gold by 2,743 foundation factors. This efficiency, in his view, positions ETH as a “wartime retailer of worth.”
“Ethereum continues to profit from the twin tailwinds of Wall Street tokenizing on the blockchain and from agentic AI methods more and more needing public and impartial blockchains,” Lee added.
Meanwhile, the most recent accumulation comes amid a broader rebound in threat belongings. Ethereum climbed greater than 7% over the previous 24 hours to commerce close to $2,369.7, as market sentiment improved following developments tied to the US Hormuz blockade.
Shares of Bitmine (BMNR) additionally reacted positively. BMNR closed greater than 4% larger, with extra good points of round 1% in after-hours buying and selling. However, regardless of the recent price recovery, Bitmine’s aggressive positioning nonetheless carries vital draw back.
The agency’s crypto holdings stay underwater, with unrealized losses exceeding $6 billion, highlighting the volatility tied to its high-conviction guess on Ethereum.
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