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News BriefTopicEthereum

BitMine adds 12,532 ETH, reaches 6.03 million tokens and says its 5% target is nearly met

Oct 12, 2026By ClusterWire.news· AI-assisted news brief

BitMine Immersion Technologies acquired 12,532 ETH over the past week, bringing its holdings to 6,028,946 ETH, or about 4.9% of Ethereum’s 122.1 million-token supply. The company said it is 99% of the way toward its 5% accumulation target [1] [2].

BitMine has staked 5,067,309 ETH, valued at about $12.9 billion, according to reports. Management said the company is “largely finished buying ETH,” while Tom Lee was described as saying the firm is nearly done accumulating [1] [3] [2] [4].

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EthereumBitcoin●Macroeconomy/Markets●AltcoinsDeFi
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