Bitmine adds 42,197 ETH, lifting treasury past $11B and nearing 5% of Ethereum supply

Bitmine Immersion Technologies (BMNR) says it has bought 42,197 Ether, bringing its total crypto and cash holdings to more than $11 billion. The company’s latest update also states that its ETH treasury has grown to 5.74 million tokens and that these holdings lift total crypto, cash and securities to $11.1 billion ^{[1] [2]}.

According to the company’s disclosures as reported by multiple outlets, Bitmine’s ETH accumulation puts it close to a stated target of 5% of Ethereum’s circulating supply in 2026. One report adds that the company owns about 4.8% of Ethereum’s circulating supply of 120.7 million, supported by figures that include staked ETH holdings ^{[3] [4]}.

BMNR’s latest treasury update highlights continued Ether accumulation and a total treasury value above $11.1 billion, alongside a reported approach toward an ETH supply milestone ^{[1] [2]}.