Bitmine Immersion Technologies added 9,587 ETH worth approximately $20 million in its latest weekly buying spree. The influx of new coins lifted the total Ethereum reserves of the New York Stock Exchange (NYSE)-listed firm to 6,070,092 ETH. Based on a benchmark market price of $2,234 per coin, the digital asset holdings are now valued at roughly $13.6 billion.
What makes the figure stand out is its proportion relative to the global supply. Bitmine’s holdings now account for 4.97% of the 122.2 million ETH circulating in the global market - leaving only a narrow gap toward the five percent threshold.
A 15-Month Target Dubbed Alchemy of 5%
This achievement fulfills 99% of Bitmine’s internal goal named “Alchemy of 5%”. Company management set an objective to control five percent of the entire circulating Ethereum network supply within just 15 months.
To approach that target, the company has executed weekly coin purchases without interruption. This regular buying pattern began on June 30, 2025, when Bitmine first established Ethereum as its corporate treasury strategy. Consistent purchases over more than a full year have allowed them to secure a significant share of the global Ethereum supply.
$359 Million in Annual Staking Yields
Bitmine is not letting millions of coins sit idle in storage. The company deployed 5,227,037 ETH, or roughly 86% of its total reserves, to the validation network via the MAVAN platform. Through this staking platform allocation, Bitmine projects annual yield revenue to reach $359 million.
The steadily growing accumulation solidifies Bitmine’s position as the world’s largest corporate Ethereum treasury holder. Across all institutional crypto treasuries regardless of asset, Bitmine ranks second globally, trailing only Michael Saylor’s Strategy, which currently holds around 849,327 BTC.
Prime Collateral for Tokenization and AI Compute
Bitmine Chairman Tom Lee revealed that the company’s buying spree was strongly inspired by the perspective of Vitalik Buterin. At the Devcon conference in Mumbai, the Ethereum co-founder emphasized that “ETH is a store of value and ETH is money”.
That statement underlines Ethereum’s role as trusted prime collateral amid the wave of asset tokenization and artificial intelligence compute. With holdings nearing five percent of the network and projected staking yields in the hundreds of millions of dollars annually, Bitmine has positioned its corporate balance sheet at the very epicenter of institutional Ethereum adoption.
Reported via Decrypt.
Read also: How Crypto Staking Works and Its Risks
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
