Bitmine hits 89% of ETH ownership goal in under a year of accumulation
Bitmine has reached 89% of its goal to own 5% of Ethereum's circulating supply in less than a year. The company has acquired nearly 4.5% of ETH and holds a total of $12.3 billion in crypto and cash. Bitmine anticipates a potential supercycle in the crypto market driven by tokenization and agentic AI.
- ▪Bitmine now holds approximately 4.5% of ETH's circulating supply.
- ▪The company has purchased 111,942 ETH over the past week.
- ▪Bitmine's total crypto and cash holdings amount to $12.3 billion.
- ▪The firm estimates annualized staking rewards could reach $276 million.
- ▪Bitmine's recent acquisition is its largest ETH purchase this year.
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Bitmine hits 89% of ETH ownership goal in under a year of accumulation Bitmine continues aggressive ETH acquisition, anticipating a supercycle fueled by tokenization and agentic AI. Share Add us on Google by Vivian Nguyen May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Bitmine Immersion Technologies, a Connecticut-based firm with the world’s largest Ethereum treasury, now holds nearly 4.5% of ETH’s circulating supply and…
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