Trending Now - Bitmine Acquires 71,524 ETH, Approaches 5% of Total Supply

WHO:

NewsBTC - Bitmine Immersion Technologies is the largest Ethereum treasury in the world.

NewsBTC - Tom Lee is the Chairman of Bitmine.

Cointelegraph - Bitmine is a company involved in cryptocurrency investments.

WHAT:

NewsBTC - Bitmine purchased 71,524 ETH, valued at approximately $157 million, over the past week.

NewsBTC - Bitmine's Ethereum holdings have reached 4% of the total ETH supply.

NewsBTC - Bitmine's total crypto and cash holdings amount to $11.8 billion, which includes 4,874,858 ETH and 198 Bitcoin (BTC).

NewsBTC - Bitmine expanded its share repurchase program to $4 billion.

WHERE:

NewsBTC - Bitmine announced its uplisting to the New York Stock Exchange (NYSE) from the NYSE American.

WHEN:

NewsBTC - The purchase of 71,524 ETH occurred over the past week, with the highest pace of buys since the week of December 22nd, 2025.

NewsBTC - Bitmine's uplisting to the NYSE occurred on April 9th, 2026.

WHY:

NewsBTC - Tom Lee stated that the Ethereum treasury is in the final stages of the "mini-crypto winter."

NewsBTC - Bitmine is ramping up its investment in Ethereum as part of its strategy to control 5% of the total ETH supply.

HOW:

NewsBTC - Bitmine has maintained an increased pace of ETH purchases over the past four weeks, significantly increasing its average from previous weeks.

(UPDATED April 14, 2026 07:22 UTC)

Bitmine Immersion Technologies, led by Chairman Tom Lee, has become the largest Ethereum treasury in the world after purchasing 71,524 ETH valued at approximately $157 million over the past week. This acquisition has boosted Bitmine's total Ethereum holdings to 4% of the total ETH supply, contributing to a staggering $11.8 billion in total crypto and cash assets, which also includes nearly 4.9 million ETH and 198 Bitcoin. Additionally, Bitmine recently uplisted to the New York Stock Exchange on Thursday, as part of its strategy to increase its Ethereum investments and ultimately control 5% of the total ETH supply.