Bitmine Immersion Technologies purchased 75,000 ETH worth $123 million from Kraken and FalconX, pushing its treasury past 5% of total Ethereum supply.

PRNewswire, PRNewswire, 8th June 2026, Chainwire

The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases.

Bitmine leverages market dip for Ethereum accumulation strategy, reaching 92% of its target and holding 4.59% of ETH's supply.

Leading Ethereum treasury firm BitMine Immersion Technologies bought the dip, making its largest weekly ETH purchase so far this year.

Bitmine holds 5.54M ETH worth $9B+, staking 4.7M tokens at $270M projected annual yield as Tom Lee targets 5% of supply.

Bitmine purchased 126,971 ETH for about $207M, lifting its treasury to 5.54M tokens worth $9B as ether trades near 30% below its April highs.

Bitmine Immersion (NYSE:BMNR) made its largest weekly Ethereum

BitMine buys 126,971 ETH for $207M at $1,630 avg, its biggest 2026 weekly haul, bringing total to 5.54M ETH (4.59% of supply).

Bitmine increased its Ether treasury to 5.54 million ETH and now controls 4.59% of Ethereum's supply, while more than 4.7 million ETH remains staked.

Acquisto Ethereum da parte di Tom Lee e Bitmine: oltre 213 milioni investiti. Scopri l'impatto sul mercato e la nuova strategia di accumulo ETH.

Bitmine ha compiuto un acquisto Ethereum da parte di Tom Lee e Bitmine da oltre 213 milioni di dollari, segnando una nuova tappa nell’interesse istituzionale verso l’asset…

Bitmine Immersion Technologies purchased 75,000 ETH worth $123 million from Kraken and FalconX, pushing its treasury past 5% of total Ethereum supply.

Tom Lee's Bitmine bought 75,000 ETH for $123M on June 9, pushing its treasury past 5.4 million ether as it chases a 5% supply target.

The firm continues to buy ETH at an accelerated pace despite a reported paper loss of nearly $10 billion on its holdings.

Bitmine Immersion Technologies acquired 25,000 ETH for $41M, part of 125,000 ETH purchased in three days. The firm now holds 5.54M ETH, nearly 5% of supply.