Bitmine Immersion Technologies disclosed that a further 52,203 ETHs were purchased last week, amounting to approximately $92 million at current prices. With this increase, the company ' s holdings rose to 5.67 million ETH, with a market value of close to $10 billion, or about 4.7 per cent, of the supply of ETA.

This company is close to the target of holding 5% ETH supply. Although the rate of buy-in was slower than before, the company did not adjust the direction in which it continued to grow. The size of their accounts in cash and tradables was $601 million.

The silo continues to expand.

The company disclosed that ETH would continue to grow at a steady pace in 2026. Thomas “Tom” Lee, Chairman of the Board, stated that the company would continue to advance this strategy and maintain optimism about the long-term developments in the encryption market.

By company data, Bitmine has now used 4.72 million ETH for pledge, representing more than 83 per cent of the total hold. The company believes that this portion of the pledge business can create a regular cash flow to support its ongoing currency holding arrangements.

  • New purchases last week: 52,203 ETH
  • Current total hold: 5.67 million ETH
  • Pledge size: 4.72 million ETH

The pledge income supports it.

Bitmine projected its pledge income at an annualized calibre of approximately $223 million. Through the MAVAN pledge platform, the annual pledge incentive can reach approximately $268 million.

Under the current strategy, pledge proceeds have become one of the important sources of funding for companies to continue to expand their ETH reserves. It also makes its treasury model more dependent on chain-based performance than on mere currency.

Tom Lee reiterates the market judgment.

The company disclosed that Tom Lee continued to maintain the “spring of encryption” judgement that the market was in the early stages of repair after the impact of liquidation in October 2025. Although Bitcoin was unable to stand at the level of $766 million he had previously mentioned at the end of May and fell at a time of $60,000 at the beginning of June, he stated that the recent recall had not changed the longer-term view.

Lee also reiterated his long-term optimism about the Ether residence. In his view, the growth of monetization and artificial intelligence-related applications in the coming years could continue to drive the growth of demand for the Etherwood network.

Additional information:The company is currently holding approximately 4.7 per cent of its supply in the form of Taifung, which is quite close to its target of 5 per cent.