Every Zipp story tagged #Bitmine, newest first.
A treasury firm crossing 4% of ETH supply through staking changes who the marginal buyer of new issuance is: a listed-equity proxy, not a fund or a DAO.
Bitmine's holdings now sit at 5.74M ETH, close to its stated 5% target, and 85% of those tokens are staking, locking real supply off the market rather than just sitting on a balance sheet.
The buy follows BitMine's pivot to an ETH-focused treasury strategy, with Lee's fund joining a growing list of public-company vehicles accumulating Ether at scale.
Bitmine crossed 5.74M ETH, roughly 4.8% of supply, while chairman Tom Lee frames the rally as a derivatives bet on the Clarity Act clearing Congress rather than spot demand alone.
Tom Lee's Bitmine now holds 94% of its 5%-of-Ethereum-supply target after another 27K-ETH weekly buy, and its Russell 1000 inclusion could pull passive flows from a far larger investor base.
The chairman-led ETH treasury vehicle kept adding during a quiet tape, the kind of patient accumulation that does more for sector sentiment than the headline number suggests.
The accumulation isn't slowing: a single-week 27K add brings Bitmine within striking distance of its 5% "alchemy" target just 11 months in, with $211M in projected staking revenue.
The largest Ether treasury now holds 5.7M ETH, almost 5% of supply, even as quarterly losses stack up for both BTC and ETH.
Index inclusion on June 26 lands the largest ETH treasury company inside the benchmark US equity flow that institutional allocators track, with 86% of its 5.67M ETH already staked.
Bitmine now has 4.88M ETH staked, 86% of its total holdings, a corporate-treasury staking posture that doubles as an accumulation thesis on Ether itself.
When a treasury accumulates that size across two top venues in four hours, it reads less like trading and more like a custody migration tied to the staking build-out.
The treasury bring total holdings to 5.67M ETH, and Lee is framing the next leg of the cycle as the strongest one yet.
Bitmine's $10B ETH stack is sitting on over $9.5B in unrealized losses at an average cost basis near $3,440, and the treasury keeps adding to a position that is roughly 4.7% of all ETH in circulation.
Bitmine is 94% of the way to owning 5% of ETH, but the pace is slowing and its preferred-share financing push is running into the same pressure that has weighed on Strategy's MSTR.
A single corporate treasury now holds close to 5% of all circulating Ether — a concentration ratio that would have sounded absurd 12 months ago and that compresses float for everyone else.
Tom Lee's publicly traded crypto investment vehicle Bitmine has acquired another 20,000 ETH worth approximately $35.85…
Bitmine now holds 4.66% of all ETH and is 93% of the way to its 5% target — the largest corporate ether treasury globally, staking 83% of its stack at a 2.79% seven-day yield.
Bitmine Immersion Technologies (BMNR) added 76,881 ETH over the past week — roughly $136 million at current prices —…
BitMine added 76,881 ETH over the past week, lifting its treasury to 5.62 million ETH — roughly 4.66% of Ethereum's…
Bitmine Immersion Technologies, the Ethereum treasury vehicle chaired by Fundstrat's Tom Lee, bought another 76,881 ETH…
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