Bitmine buys $50M in Ethereum, lifting holdings to 5.77M ETH as Robinhood Chain expands demand and staking revenue climbs.

Bitmine Immersion Technologies bought 20,500 ETH for $35.92M, bringing total holdings to 5.7 million ETH as it nears its 5% supply ownership target.

BitMine expands Ethereum holdings to 5.77M ETH and joins Russell 1000. Ethereum reaching $1,900 by July 2026 at 47.5% YES.