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Bitmine Reports 6.07 Million Ether Holdings Nearing 5% Supply Goal

The company said it added 9,587 ETH over the prior week and had 5,227,037 ETH staked as of Nov. 8.

Updated 1 min read
Employees enter a Bitmine office building in Las Vegas, Nevada. / TokenPost.ai (mono)
Employees enter a Bitmine office building in Las Vegas, Nevada. / TokenPost.ai (mono)

Bitmine Immersion Technologies, Inc. said its Ether (ETH) holdings totaled 6,070,092 in a Nov. 9 announcement, putting the company at 4.97% of supply and near its 5% accumulation goal.

The Nov. 8 snapshot was taken at 2 p.m. ET and used an estimated supply of 122.2 million ETH. Bitmine priced each token at $2,234, making the position worth about $13.6 billion, and said it was 99% of the way toward its goal.

The company said it acquired 9,587 ETH over the preceding week. Chairman Tom Lee said Bitmine had bought ETH weekly since beginning its treasury strategy on June 30, 2025.

Bitmine also reported 5,227,037 ETH staked as of Nov. 8, or about 86% of its total holdings.

Its Oct. 18 snapshot showed 5,067,309 ETH staked, or about 84% of holdings, in EconoTimes’ earlier coverage of the staking figure.

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