Bitmine keeps buying Ethereum and plans to stop once holdings reach 5%

1. #0109.08
   Initial2026-09-08 13:51 · publication time

   Bitmine nears 5% of Ethereum supply after buying 28,086 ETH

   Bitmine's purchase of 28,086 ETH brings its treasury to 5.93 million ETH, representing 4.9% of Ethereum's total supply.

   Source evidence: The Block · The Defiant

2. #0209.11
   Escalation2026-09-11 12:40 · publication time

   BitMine’s staked ETH equals nearly 12% of Ethereum’s active stake, but who controls it?

   BitMine has staked 5.07 million ETH (~85% of its 5.93 million ETH holdings), equal to roughly 11.8% of Ethereum's active stake, and ended its management-services agreement with Ethereum Tower while appointing affiliate American Validator to advise MAVAN Holdings.

   State after update: BitMine holds 5.93 million ETH, with 5.07 million ETH staked, representing about 11.8% of Ethereum's active stake, while the distribution of validators and signing-key control remains undisclosed.

   Source evidence: CryptoSlate

3. #0310.07
   Confirmation2026-10-07 12:40 · publication time

   Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases

   Tom Lee said Bitmine will stop buying ether once it holds 5% of the token's supply, ending an accumulation streak that began in mid-2025 and made the company the world's largest Ethereum treasury.

   Source evidence: CoinDesk · Decrypt

4. #0410.08
   Escalation2026-10-08 10:38 · publication time

   BitMine即将停止囤积ETH？Tom Lee称总量5%为「硬上限」

   At Token2049 Singapore, Tom Lee said BitMine has set a hard cap of 5% of ETH circulating supply and will stop buying once reached; it currently holds ~6,016,414 ETH (~4.9% of supply), needs ~90k–100k more ETH to hit the cap, expected in 6–7 weeks. After stopping, no further financing for purchases is needed.

   State after update: BitMine holds approximately 6.02 million ETH (~4.9% of circulating supply) and has set a 5% hard cap, after which it will stop accumulating; it expects to reach the cap in 6–7 weeks. The previously disclosed staking of 5.07 million ETH was not addressed in this update.

   Source evidence: theblockbeats · CryptoSlate

5. #0510.19
   Escalation2026-10-19 12:34 · publication time

   ⚡️Bitmine过去一周增持12,535枚ETH

   Bitmine added 12,535 ETH over the past week, raising its treasury to 6,041,481 ETH (~4.9% of total supply) as of Oct 18, 2026, and disclosed holdings of 215 BTC plus $582 million in cash and securities.

   State after update: BitMine holds approximately 6,041,481 ETH (~4.9% of total supply), still below its 5% hard cap and continuing accumulation; it also holds 215 BTC and $582 million in cash and securities.

   Source evidence: theblockbeats

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