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- BitMine Immersion Technologies added 101,901 ETH over the past week, marking its largest weekly Ethereum purchase of 2026.
- The company now holds 5,078,386 ETH, a treasury worth approximately $11.75 billion.
BitMine Immersion Technologies has crossed another threshold in its journey Ethereum Accumulation strategy, pushing its treasury past 5 million ETH after what it says is the largest weekly purchase of the year so far.
The company added 101,901 ETH over the past week, narrowly surpassing The previous week 101,627 Ethereum. This makes it BitMine’s largest weekly Ethereum purchase of 2026 so far. The latest total includes a 10,000 ETH OTC purchase from the Ethereum Foundation, a sale the foundation revealed on Friday.
BitMine’s Ethereum stock continues to accelerate
With the latest addition, BitMine now holds 5,078,386 ETH, which is currently worth around $11.75 billion. That’s an impressive number in itself, but the pace may be the most surprising part.
Tom Lee, Chairman of BitMine, Named This event is a major step as the company works towards owning 5% of the total supply of ETH. He also noted that it only took 10 months for the company to reach the 5 million ETH mark, an accumulation speed that is difficult to ignore even in a market already accustomed to aggressive treasury strategies.
This kind of accumulation increasingly puts BitMine in a class of its own. Cryptocurrency public treasury companies are becoming commonplace Bitcoin. On Ethereum, the field is still thinner, making every large purchase seem more important.
The latest purchase comes with an institutional signal
The inclusion of the Ethereum Foundation Block is also important. direct Buy over the counter From one of the most closely watched entities in the ecosystem, it gives the latest round of accumulation a more institutional feel, even if the deal itself is just a portion of the weekly total.
More broadly, BitMine’s strategy suggests that Ethereum is starting to attract the kind of treasury conviction seen almost exclusively around Bitcoin. The company does not treat ETH as a trading position or side allocation. It is built around it methodically, week after week.
This leaves the market with a fairly obvious question. If BitMine has already surpassed 5 million ETH in less than a year, the next event may arrive faster than many expected.
