🚨 BitMine is aggressively buying ETH! 5.98 million coins, nearing 5%—are institutions coming back?🔥
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点击进入玖玖的粉丝群BitMine has moved again, and this time it’s getting closer to a key number.👀
According to disclosures, BitMine recently bought another 27,562 ETH, investing about $75.2 million, bringing its ETH holdings to 5.984 million coins—about 4.9% based on current circulating supply.
It’s only about 121,000 ETH away from its goal of holding 5% of the total ETH supply.
Why is this number worth paying attention to?
Because BitMine isn’t buying a little ETH now and then—it’s continuously putting ETH onto the company’s balance sheet. Since launching its crypto asset reserve strategy in June 2025, the company has kept accumulating ETH, and ETH is becoming its core reserve asset.💰
More importantly, BitMine hasn’t simply left all of those ETH sitting idle.
Currently, the company has staked nearly 5 million ETH, accounting for about 83.6% of its holdings. Based on current yield levels, the company expects to earn roughly $357 million in staking returns per year.
This means BitMine isn’t just betting on the ETH price.
It’s essentially betting on two things: first, the long-term value of ETH assets themselves; and second, Ethereum’s ability to generate ongoing yield.
That’s a very clear difference between ETH and BTC when used as corporate reserve assets.
But risks should also be considered here.⚠️
The larger BitMine’s holdings, the more tightly linked the company’s share price and the ETH price become. If the ETH price falls, the book value of the assets it holds would also be affected.
And the “nearing 5%” is only a symbolic milestone—it doesn’t mean ETH will necessarily rise once it reaches 5%.
What’s truly worth watching is whether BitMine can keep maintaining its accumulation pace, and whether more and more institutions begin adopting similar ETH reserve strategies.
Company chairman Tom Lee also expects that institutional investors may increase their crypto allocation again in the last few months of 2026.
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#ETH #以太坊 #Bitmine