The post Bitmine Buys 101K ETH, Nears 5% Supply Goal appeared on BitcoinEthereumNews.com. Bitmine bought 101,627 ETH in one week, raising holdings to 4,976,485The post Bitmine Buys 101K ETH, Nears 5% Supply Goal appeared on BitcoinEthereumNews.com. Bitmine bought 101,627 ETH in one week, raising holdings to 4,976,485

Bitmine Buys 101K ETH, Nears 5% Supply Goal

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Bitmine bought 101,627 ETH in one week, raising holdings to 4,976,485 ETH, or 4.12% of Ethereum’s total supply.

Bitmine Immersion Technologies added 101,627 ETH last week in its biggest weekly buying spree in four months.

The company said the purchase lifted its total holdings to 4,976,485 ETH. As of April 19, 2026, that amount equals about 4.12% of Ethereum’s total supply.

The move keeps Bitmine at the center of the growing Ethereum treasury market.

Bitmine Records Biggest Weekly ETH Buying Spree in Four Months

In a recent press release, Bitmine said it bought 101,627 ETH over the past week.

The company described it as its fastest weekly accumulation since December 15, 2025.

As a result, its total Ethereum holdings reached 4,976,485 ETH. That marked its biggest weekly buying spree in four months.

The company valued its Ethereum position at about $11.52 billion. It also said the holding now represents about 4.12% of total ETH supply.

That figure shows how large Bitmine’s treasury has become. At the same time, it keeps the firm ahead of most public peers.

Bitmine has said it wants to own 5% of Ethereum’s total supply. Based on the latest figures, it has reached about 82% of that target.

The new purchase moved the company closer to that goal. It also showed that Bitmine is still buying at scale.

This update came as more public companies expanded digital asset treasury plans. Even so, Bitmine’s Ethereum position remains much larger than most others.

The latest weekly addition drew fresh attention across the market. It also reinforced Bitmine’s status as the largest Ethereum treasury holder.

Staking Remains a Key Part of Bitmine’s Treasury Strategy

Bitmine said 3,334,637 ETH from its total holdings is currently staked. The company valued that stake at about $7.72 billion.

Staking allows holders to support the Ethereum network. It also provides rewards that can add recurring income.

According to the company, current annual staking revenue is about $221 million. It said that figure could rise to about $330 million at full scale.

Those estimates depend on reward rates and staking conditions. Still, staking now plays a major role in Bitmine’s treasury approach.

The company is not only holding Ethereum on its balance sheet. It is also using a large share of that treasury to earn yield.

That combination gives Bitmine both asset exposure and income. As a result, staking has become central to its broader model.

This structure is becoming more common in the digital asset sector. However, Bitmine’s scale remains unusual among listed companies.

Its large staking base sets it apart from most peers. That helps explain the attention around its latest weekly purchase.

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Cash and Other Assets Add Depth To The Balance Sheet

Alongside Ethereum, Bitmine reported $1.12 billion in cash and 199 BTC. The company also disclosed a $200 million stake in Beast Industries.

In addition, it holds a $107 million investment in Eightco Holdings, or ORBS. These assets add to its wider treasury base.

Bitmine said its total crypto, cash, and investment holdings are worth about $12.9 billion. Ethereum remains the biggest part of that total by a wide margin.

Still, the other assets give the company added flexibility. Cash, in particular, can support future purchases or operations.

The Bitcoin holding is small beside the Ethereum position. Even so, it gives Bitmine some exposure beyond ETH.

The equity investments also expand the balance sheet mix. That broader structure may help the company manage market swings.

Tom Lee of Fundstrat referred to the new figures in a public post. He wrote that Bitmine “bought another 101,627 $ETH last week.”

The post also repeated the company’s latest treasury totals. With that purchase, Bitmine moved closer to its 5% supply goal.

Source: https://www.livebitcoinnews.com/bitmine-adds-101627-eth-in-biggest-weekly-buying-spree-in-four-months/

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