Bitmine Buys Another 27,562 ETH, Nears 5% of Circulating Supply
- —Bitmine holds 5,983,940 ETH, equal to 4.9% of circulating supply
- —The company has bought ETH every week since June 30, 2025
- —5,067,309 ETH are staked, worth $13.6 billion at 2.62% yield
- —About 121,000 ETH remain to reach the 5% target
Why it matters: A single public company approaching 5% of all ether concentrates supply and staking power, amplifying corporate treasury influence on ETH.
Source: Bitcoin.com