Bitmine's latest disclosure shows that the encrypted treasury company, chaired by Tom Lee, once again bought ETH last week, and that the holdup has risen to 5,815,000, valued at approximately $11.1 billion at current prices. The company currently holds approximately 4.8 per cent of the total supply of ETH, which is close to its previous 5 per cent target.

I bought 9,926 more ETH last week.

According to the company, 9,926 new ETHs were purchased last week, which continued the week-long increase since the strategy was launched in June 2025. Bitmine, trading in US shares with the code BMNR, has now become one of the largest holdings in the world.

The market value of the ETH held by Bitmine was approximately $11.1 billion, based on the quoted prices of US$1,904. The share of this company in the distribution of ETA supplies has also increased further as the holding stock continues to expand.

  • New purchases last week: 9,926 ETH
  • Current total hold: 581.5 million ETH
  • Warehousing as a percentage of total supply: approximately 4.8%

Distance, 5%. Target only one step away.

The company disclosed that it had previously wished to hold approximately 5 per cent of the total supply of Etherwood. According to the latest data, Bitmine is not far from the target.

This size of the warehouse also allows the market to continue to focus on the extent to which business banks absorb mainstream encrypted assets. Like the Bitcoin Treasury policy, Bitmine is using ETH as the core configuration in the balance sheet.

Tom Lee, talk about ETH.

In its statement, Tom Lee stated that the ETH/BTC ratio had surpassed the downward trend that had lasted for many years. In his view, this reflected the expectation that investors would begin to account for the rise in demand in the utensils, and related drivers included the development of monetization applications and AI proxy applications.

At the macro level, he also indicated that the easing of financial conditions could continue to support the encryption market.

As at the time of the release of the report, ETH had increased by about 1.6 per cent over the past 24 hours and Bitmine stock prices by over 2 per cent the same day.

Additional information:In CoinDesk, it is mentioned that Bitmine has been growing ETH for many weeks since it was launched in June 2025.