PRNewswire, PRNewswire, 18th May 2026, Chainwire
May. 18, 2026
Bitmine owns more than 4.37% of the total ETH coin supply of 120.7 million
Bitmine is 87% of the way to the ‘Alchemy of 5%’ in just 11 months
Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains
Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026
Bitmine reaches 5 million ETH, 84% towards its 5% supply goal, leveraging Ethereum's growth for substantial cash flow.
Bitmine holds 4.3% of ETH, generating $319 million annually from Ethereum staking revenues via its MAVAN platform strategy.
Ethereum Foundation sale of 10,000 ETH to BitMine secures $23.9M for research, operations, and grants, amidst market reactions.
The Ethereum treasury firm bought over 71,000 ETH last week, a sharp increase from the previous week's purchases.
BitMine may slow ETH purchases as Tom Lee says the firm could reach its 5% Ethereum supply goal within weeks.
World's top Ethereum treasury company said Thursday it made a $200 million equity investment in Beast Industries.
