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Project update
BitMine buys 9,587 ETH, lifting holdings to 6.07M ETH (4.97% of supply)

BitMine buys 9,587 ETH, lifting holdings to 6.07M ETH (4.97% of supply)

The largest corporate ETH treasury kept its weekly buying streak going: Bitmine added 9,587 ETH over the past week, bringing its stack to 6,070,092 ETH as of November 8. The company has bought ETH every week since launching its treasury strategy on June 30, 2025.



Bitmine now holds 4.97% of the 122.2M ETH supply, just short of its 5% target, with 5,227,037 ETH (about $11.7B) already staked.


Total crypto, cash and other holdings stand at $14.3B, including 216 BTC, $475M in cash and marketable securities, and stakes in Beast Industries ($180M) and Eightco ($75M). Part of the staked ETH runs on MAVAN, the company's own institutional staking platform launched earlier in 2026.


At 122.2M ETH in supply, the 5% mark sits near 6.11M ETH, leaving Bitmine roughly 40,000 ETH short of the goal it has pursued for 15 months.