"Bitmine has repositioned itself as the world's largest ethereum treasury company, focusing on a strategy called The Alchemy of 5%, aiming to accumulate up to 5% of the total ETH supply."
"Chairman Tom Lee noted that ETH is the best performing asset since the start of the war, with a 17.4% gain, significantly outperforming the S&P 500 and gold."
Bitmine disclosed its ethereum holdings reached 4,874,858 ETH, surpassing 4% of the total supply. The company reported combined assets totaling $11.8 billion. Bitmine's U.S.-built staking platform, MAVAN, generates $212 million in annualized ETH staking revenues. The company aims to accumulate 5% of all ETH, with CEO Chi Tsang and Chairman Tom Lee accelerating acquisitions. Recently, Bitmine purchased 71,524 ETH, marking its fastest weekly buy since December 2025, as ETH shows strong performance amid ongoing geopolitical tensions.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]