Bitmine Buys 101,901 Ethereum As ETH Holdings Cross 5 Million In World Record Push

Bitmine Immersion Technologies (NYSE:BMNR) acquired 101,901 Ethereum (CRYPTO: ETH) last week, pushing total holdings to 5.078 million ETH worth $12 billion.
The 5% Target Within Reach
Bitmine now owns more than 4.21% of the total ETH supply of 120.7 million tokens and is 84% of the way to its goal of acquiring 5% in just 10 months. 
Total crypto and cash holdings stand at $13.3 billion, including 200 Bitcoin, $200 million in Beast Industries, $91 million in Eightco Holdings (NASDAQ:ORBS), and $940 million in cash.
Tom Lee, Chairman of Bitmine, called the pace of accumulation astonishing. 
Last week’s purchase marked the highest buying pace since December 15, 2025, as Bitmine accelerates toward its 5% target during what Lee describes as the final stages of the “mini-crypto winter.”
The War-Time Store Of Value
Lee highlighted that ETH …Full story available on Benzinga.com

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