
Bitmine's ETH holdings reach 6.05 million tokens as total treasury hits $15 billion
- —6.05 million ETH equals 4.95% of supply, nearing the 5% target
- —Bought 10,452 ETH last week, adding every week since June 2025
- —Repurchased 2.04 million shares at $22.48; 22.9 million in 2026 for $399.6 million
- —5.23 million ETH staked, worth $12.3 billion, via the MAVAN platform
Why it matters: The largest ETH treasury is closing in on 5% of supply, shrinking free float and concentrating influence among corporate holders.
Source: Coincu