← Editorial Ethereum

Bitmine Holds 4.9% of Circulating Ether Supply After 65th Weekly Purchase

The company added 53,501 ETH to reach 5.9 million tokens despite carrying roughly $5.1 billion in unrealized paper losses.

· +2

Bitmine Immersion Technologies acquired 53,501 Ether last week, extending its accumulation streak to 65 consecutive weeks. The latest addition brings the company's total reserves to more than 5.9 million ETH, representing roughly 4.9% of Ethereum's 120.7 million circulating supply and nearing its corporate target of 5%.

At an Ether price of $2,511, Bitmine's digital asset holdings were valued at approximately $14.8 billion. However, ongoing purchases throughout a market downturn that began in late 2025 have left the company with roughly $5.1 billion in unrealized losses, according to data cited from DropsTab.

Bitmine Chairman Tom Lee stated that strong third-quarter performance across major cryptocurrencies, led by Ether, provides a favorable backdrop for institutional allocations. Following the disclosure, the company's NYSE-listed shares rose 1.3% to $24.09, putting the stock on track for an approximate 40% gain over the month.

How this piece reads Neutral tone +2
Site call on Ethereum Buy score 56.7

These two are not the same thing, and one does not produce the other. The left is how this single article reads, from its tone alone. The right is the site’s own call on the asset, from indicators and analysis. Press tone feeds no score and no signal: on the only corpus this site has measured, daily tone tracked the move that had already happened and showed no measurable link with what followed.

More on Ethereum All pieces →

Rewritten from the headline, the teaser and the one-line summary the qualification step produced — that is all the material there is, and nothing is added to it. The source link is kept on file so any item can be checked, and is not published here.