WuBlockchain
BitMine, one of the largest publicly traded Ethereum treasury companies, disclosed holdings of 5,390,404 ETH as of May 25 — roughly 4.47% of Ethereum's entire circulating supply — after adding 111,942 ETH in a single week. The company is now 89% of the way toward its self-described 'Alchemy of 5%' milestone, reached in just 11 months of accumulation.
Total crypto assets, cash, and 'Moonshots' investments stand at approximately $12.3 billion, comprising $444 million in cash, 203 BTC, a $200 million stake in Beast Industries, and $95 million in ORBS shares. Of its ETH stack, 4,712,917 tokens — worth roughly $10.1 billion — are actively staked, generating yield on the position.
Chairman Tom Lee framed ETH's recent dip below $2,200 as an 'attractive opportunity,' a signal that BitMine's accumulation pace is unlikely to slow at current price levels.
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