# BitMine nears 5% ETH supply target via staking and buybacks > Live situation record from CLSTR: https://clstr.news/situations/bitmine-gains-investor-backing-reports-ethereum-losses-and-announces-record-crypto-holdings > Updated: 2026-09-14T12:55:09.000Z. Sources: 160. Developments: 58. Since April 2026, BitMine Immersion Technologies has transitioned to an Ethereum-focused treasury model, targeting a 5% circulating supply holding. By early September 2026, the company reported expanding its treasury to 5,929,198 ETH following a confirmed purchase of 28,086 tokens valued at approximately $70.1 million. This acquisition brought its total holdings to roughly 4.9% of the estimated 122 million circulating supply, marking the completion of 97% of its ‘Alchemy of 5%’ target. On September 14, 2026, BitMine further expanded its treasury to approximately 5.96 million ETH after purchasing an additional 27,180 tokens. This latest accumulation places the company at 98% of its 5% supply goal. The total treasury—comprising cryptocurrency, cash, and marketable securities—is now valued at approximately $15.8 billion. Through its MAVAN (Made-in-America Validator Network) initiative, BitMine has increased its staking operations, with over 5 million ETH (approximately 85% of its holdings) currently staked. Chairman Tom Lee projects annualized staking revenue of approximately $334 million. In addition to its Ethereum position, the company maintains 212 Bitcoin, $549 million in cash and marketable securities, and strategic equity stakes in Beast Industries and Eightco Holdings. Lee also noted that the Ethereum/Bitcoin price ratio has reached its highest level since January 2026. ## Claims - Bitmine's total assets, including crypto, cash, and securities, are valued at $15.7 billion. (disputed by 8 sources) - Bitmine Immersion Technologies purchased 28,086 ETH, valued at approximately $70 million, in the past week. (disputed by 5 sources) - Bitmine expects about $299 million in annualized staking rewards once all Ether is fully deployed. (disputed by 4 sources) - The company’s total crypto, cash and marketable‑securities holdings were valued at $11.8 billion as of 26 July. (disputed by 4 sources) - Bitmine purchased nearly 10,000 ETH during the past week. (disputed by 4 sources) - Bitmine announced total holdings of $15.6 billion, including crypto, cash, marketable securities, and moonshots. (disputed by 4 sources) - Chairman Tom Lee projects annualized staking revenue of approximately $330 million. (disputed by 4 sources) - The company's total Ethereum holdings have reached 5,929,198 ETH. (corroborated by 10 sources) - The company's ETH holdings represent approximately 4.9% of the total Ethereum supply. (corroborated by 7 sources) - Approximately 5.06 million ETH, or 85% of the company's holdings, has been staked. (corroborated by 5 sources) - The company has reached 97% of its goal to acquire 5% of the total Ethereum supply. (corroborated by 5 sources) ## Timeline ### 2026-09-14: Bitmine nears 5% Ethereum supply target with $15.8B treasury Bitmine Immersion Technologies has reached 4.9% ownership of Ethereum's total supply, with its $15.8 billion treasury leveraging staking to target hundreds of millions in annual revenue. 16 sources. https://clstr.news/cluster/bitmine-announces-158-billion-in-crypto-and-cash-holdings ### 2026-09-11: Bitmine Immersion Technologies shares rise as Cantor Fitzgerald doubles price target Bitmine Immersion Technologies shares rose 8% after Cantor Fitzgerald doubled its price target to $63.60, citing the company's 5.93 million ETH treasury as a leveraged proxy for Ethereum. 2 sources. https://clstr.news/cluster/bitmine-immersion-technologies-shares-rise-as-cantor-fitzgerald-doubles-price-target ### 2026-09-08: Bitmine Immersion Technologies reaches 4.9% Ethereum supply ownership Bitmine Immersion Technologies has reached 5.93 million ETH in holdings, representing 4.9% of the total supply, as part of its $15.7 billion treasury strategy. 10 sources. https://clstr.news/cluster/bitmine-immersion-technologies-expands-ethereum-treasury-to-593-million-eth ### 2026-09-06: Bitmine nears 5% Ethereum ownership goal through purchases and staking Bitmine is nearing its 5% Ethereum ownership goal. Recent on-chain data suggests a $126 million purchase, while existing staking rewards may also help the company reach its target without further buying. 8 sources. https://clstr.news/cluster/bitmine-nears-5-ethereum-ownership-goal-through-purchases-and-staking ### 2026-09-03: Bitmine Immersion Technologies shares surge amid Ethereum rebound Bitmine Immersion Technologies shares rose 46.5% in August due to Ethereum's price rebound. ParaFi Capital LP recently invested $3.13 million in the company. 2 sources. https://clstr.news/cluster/bitmine-immersion-technologies-shares-surge-amid-ethereum-rebound ### 2026-08-31: Bitmine Immersion Technologies reaches 4.9% Ethereum supply ownership Bitmine Immersion Technologies now holds 5.9 million ETH, roughly 4.9% of the total supply, as it nears its 5% accumulation goal through 65 consecutive weeks of buying. 30 sources. https://clstr.news/cluster/bitmine-immersion-technologies-reports-156-billion-in-total-assets ### 2026-08-26: Bitmine acquires $81 million in Ethereum to approach 5% supply target Bitmine has purchased $81 million worth of Ethereum, bringing its total holdings to approximately 4.8% of the total circulating supply as it nears its 5% ownership target. 2 sources. https://clstr.news/cluster/bitmine-acquires-81-million-in-ethereum-to-approach-5-supply-target ### 2026-08-25: BitMine expands ETH holdings as Coinbase adopts Chainlink BitMine expands its Ethereum holdings while Coinbase adopts Chainlink for tokenized stocks. Additionally, BlockchainFX reaches a $15 million funding milestone ahead of its August 31 launch. 5 sources. https://clstr.news/cluster/blockchainfx-reaches-15-million-milestone-in-crypto-presale ### 2026-08-24: Bitmine expands Ethereum holdings to 5.85 million ETH Bitmine Immersion Technologies has increased its Ethereum holdings to 5.85 million ETH, controlling 4.8% of the supply as it nears its 5% target and leverages staking for significant annual revenue. 21 sources. https://clstr.news/cluster/bitmine-immersion-technologies-acquires-812-million-in-ethereum ### 2026-08-21: BitMine Immersion Technologies stock rises 26% amid Ethereum expansion BitMine Immersion Technologies' stock rose 26% this week as the company expanded its Ethereum holdings to 4.8% of the total supply. Analysts cite high correlation between the stock and ETH. 2 sources. https://clstr.news/cluster/bitmine-immersion-technologies-stock-rises-26-amid-ethereum-expansion ### 2026-08-19: Bitmine Immersion Technologies expands Ethereum holdings amid AI verification pitch Bitmine Immersion Technologies chairman Tom Lee is expanding his firm's Ethereum holdings toward 5% of the total supply while pitching the asset as a vital verification layer for artificial intelligence. 5 sources. https://clstr.news/cluster/bitmine-immersion-technologies-expands-ethereum-holdings-amid-ai-verification-pitch ### 2026-08-17: Bitmine Immersion Technologies nears 5% Ethereum supply target Bitmine Immersion Technologies has reached 4.8% of the Ethereum supply, nearing its 5% goal, while MicroStrategy raised $334 million through share sales to bolster reserves and preferred stock. 17 sources. https://clstr.news/cluster/bitmine-immersion-technologies-increases-eth-holdings-to-582-million ### 2026-08-12: Bitmine increases Ethereum staking by $300 million Bitmine has added $300 million in Ethereum to its staking holdings as it nears a 5% supply ownership goal. Meanwhile, analyst Tom Lee maintains a $12,000 price target for ETH. 2 sources. https://clstr.news/cluster/bitmine-increases-ethereum-staking-by-300-million ### 2026-08-10: BitMine Technologies nears 5% Ethereum supply target BitMine Technologies has reached 5.81 million ETH in holdings, representing 4.8% of the total supply, while continuing its share buyback program and aggressive staking strategy. 6 sources. https://clstr.news/cluster/bitmine-increases-ethereum-holdings-to-58-million-eth ### 2026-08-03: Bitmine Immersion Technologies Holds 4.8% of Ethereum Supply Bitmine Immersion Technologies added 10,399 ETH, now holding 4.8% of supply (~$10.9 bn) and staking 85% for projected $247 m annual revenue, while repurchasing 4.5 m shares; Ethereum trades near $1,847, facing 13 sources. https://clstr.news/cluster/bitmine-boosts-ethereum-treasury-and-shifts-focus-to-staking ### 2026-07-27: Bitmine Immersion Technologies Expands Ether Treasury to 5.79 million ETH Bitmine Immersion Technologies now holds 5.79 million ETH (4.8 % of supply), with 85 % staked and projected $299 M annual rewards; its chairman cites a three‑month high ETH/BTC ratio and the firm completed a 6. 5 sources. https://clstr.news/cluster/bitmine-immersion-technologies-boosts-ethereum-treasury-to-58-million-eth ### 2026-07-25: BitMine Immersion Technologies expands Ethereum treasury and staking amid institutional buying Institutional investors boosted stakes in BitMine Immersion as the company shifted to a $10 bn Ethereum treasury, staking 4.9 million ETH through its MAVAN initiative. 11 sources. https://clstr.news/cluster/bitmine-immersion-technologies-expands-ethereum-treasury-and-staking-amid-institutional-buying ### 2026-07-23: BitMine Immersion Shifts to Ethereum, Acquires $73 Million in ETH BitMine Immersion (BMNR) pivots from Bitcoin to Ethereum, buying $73 M of ETH and staking most of it, while its shares tumble over 50 % amid a weak ETH market. 2 sources. https://clstr.news/cluster/bitmine-immersion-shifts-to-ethereum-acquires-73-million-in-eth ### 2026-07-20: Bitmine Immersion Nears 5% Ethereum Supply as $11.5 B Treasury Grows Bitmine Immersion holds 4.8% of Ethereum supply, with a $11.5 B crypto treasury, 85% of ETH staked, and continues a $4 B share‑buyback while buying more ETH. 6 sources. https://clstr.news/cluster/bitmine-immersion-nears-5-ethereum-supply-as-115-b-treasury-grows ### 2026-07-18: BitMine Immersion Technologies Holds 4.8% of Ethereum Supply BitMine Immersion Technologies now holds 5.78 million ETH (~4.8% of supply), has staked over 85%, repurchased 5.5 M shares, and is within 0.5 M ETH of its 5% target. 14 sources. https://clstr.news/cluster/bitmine-immersion-technologies-close-to-holding-5-of-ethereums-circulating-supply ### 2026-07-16: BitMine Immersion Technologies’ Ethereum Treasury Push Sends Stock Tumbling BitMine bought $73 M of ETH, holding 4.8 % of supply and targeting 5 % by 2026, but its stock fell sharply as investors question the treasury strategy. 4 sources. https://clstr.news/cluster/bitmine-limits-eth-purchases-as-holdings-approach-5-ownership-threshold ### 2026-07-14: BitMine holds 4.8% of ETH supply as Bitwise reports strong crypto fundamentals BitMine now holds 4.8% of Ethereum, staking most of it, while Bitwise’s latest report finds strong crypto fundamentals despite price drops. 3 sources. https://clstr.news/cluster/bitmine-holds-48-of-eth-supply-as-bitwise-reports-strong-crypto-fundamentals ### 2026-07-07: Bitmine Approaches 5% of Ethereum Supply, Holding About $10 B in ETH Bitmine, led by Tom Lee, now holds about 5.7 million ETH (~$10 billion), roughly 5% of the circulating supply, after multiple purchases including 20,500 ETH from Galaxy Digital. 7 sources. https://clstr.news/cluster/bitmine-adds-74-million-of-ether-now-holds-about-5-of-supply ### 2026-07-05: Bitmine Immersion Nears 5% of Ethereum Supply with 5.74 M ETH Holdings Bitmine Immersion now holds 5.74 M ETH (~4.8% of supply), $11.1 B total assets, 95% of its 5% target, with most ETH staked for $235‑$277 M annual yield; CEO cites U.S. Clarity Act hopes. 12 sources. https://clstr.news/cluster/bitmine-immersion-holds-near-5-of-all-ether-valued-over-30-b ### 2026-07-02: Ethereum posts daily gains and a rare monthly buy signal as Q3 recovery gains steam Ethereum up 2.4% to $1,748, shows rare monthly buy signal, ETH/BTC breakout and record Binance withdrawals signal a Q3 recovery. 7 sources. https://clstr.news/cluster/ethereum-posts-first-monthly-buy-signal-since-march-2025-amid-mixed-market-data ### 2026-06-29: Bitmine Raises Ethereum Treasury to 5.7 Million ETH, Joins Russell 1000 Index Bitmine added 27,084 ETH for $42‑43 M, lifting its stash to 5.7 M ETH (4.7 % of supply) and joining the Russell 1000, prompting expectations of new institutional investors despite a recent 7‑8 % ETH price dip. 11 sources. https://clstr.news/cluster/bitmine-adds-27000-eth-holdings-rise-to-47-of-supply-as-it-joins-russell-1000 ### 2026-06-28: Galaxy Digital joins Russell 1000, marking major milestone for crypto firms Galaxy Digital and Ethereum‑focused Bitmine were added to the Russell 1000, giving crypto firms large‑cap status and boosting institutional exposure. 2 sources. https://clstr.news/cluster/galaxy-digital-joins-russell-1000-marking-major-milestone-for-crypto-firms ### 2026-06-26: BitMine added to Russell 1000 Index, boosting institutional Ethereum exposure BitMine will join the Russell 1000 on June 26 2026, holding 5.67 M ETH and staking 4.88 M ETH, which could drive billions of institutional funds into Ethereum exposure. 3 sources. https://clstr.news/cluster/bitmine-added-to-russell-1000-index-boosting-institutional-ethereum-exposure ### 2026-06-26: Ethereum Whale Activity Signals Deep Losses Amid Price Decline Ethereum whales hold unrealized losses for the first time since 2019, while a major whale opened a $19.7 M short near $1,500 support, betting on further price declines. 2 sources. https://clstr.news/cluster/ethereum-whale-activity-signals-deep-losses-amid-price-decline ### 2026-06-22: Bitmine Immersion Technologies adds $92 million of Ethereum, now holds 4.7% of circulating supply Bitmine Immersion Technologies bought $92 million of ETH, bringing its holdings to 4.7% of supply and supporting its dividend‑paying preferred stock through staking revenue. 6 sources. https://clstr.news/cluster/bitmine-immersion-technologies-buys-92-million-of-ethereum-now-controls-47-of-supply ### 2026-06-22: Ethereum slides below $1,700 as ETF outflows curb market sentiment Ethereum fell to about $1,670, pressured by $66‑$82 million of spot ETF outflows and low open interest; analysts watch $1,750‑$1,800 resistance while Bitmine added $92 million of ETH. 4 sources. https://clstr.news/cluster/ethereum-price-breaks-key-resistance-eyes-1850-target ### 2026-06-21: Ethereum slides 43% YTD as $1,800 resistance holds and traders watch support zones Ethereum is down 43% YTD, trapped below $1,800 resistance, with RSI ~40, $1,400 support, mixed whale shorts vs. 73% long positions, and key short‑term support near $1,747. 7 sources. https://clstr.news/cluster/ethereum-faces-key-1750-resistance-as-traders-watch-trendline ### 2026-06-19: Bitcoin miners pivot to AI and tokenized assets as Bitmine launches preferred stock dividend Bitmine declared a 9.5% perpetual preferred stock dividend as Bitcoin miners turn to AI infrastructure; Nvidia plans a $20 bn bond, tokenized assets hit $43 bn, Ripple backs Flutterwave, and Sam Bankman‑Fried’s 4 sources. https://clstr.news/cluster/bitcoin-miners-pivot-to-ai-and-tokenized-assets-as-bitmine-launches-preferred-stock-dividend ### 2026-06-15: BitMine's Ethereum Treasury Nears 5% of Supply, Valued at $10 B BitMine added 76,881 ETH, raising its holdings to 5.62 million (≈4.66% of supply) and valuing the portfolio at $10.2 billion, while staking over 4.1 million ETH for yield amid a crypto bear market. 3 sources. https://clstr.news/cluster/bitmines-ethereum-treasury-nears-5-of-supply-valued-at-10-b ### 2026-06-15: Ethereum nears $1,800 as BitMine expands holdings, Hedera token rallies Ethereum climbs toward $1,800 as BitMine adds 76,881 ETH; Hedera’s HBAR jumps 7.7% to $0.0835, hinting at further gains. 2 sources. https://clstr.news/cluster/ethereum-nears-1800-as-bitmine-expands-holdings-hedera-token-rallies ### 2026-06-14: Ethereum price hovers near $1,770 as traders await breakout Ethereum trades near $1,770, trapped between $1,754 support and $1,798 resistance. Bears dominate on daily charts, while brief whale buying and ETF outflows keep the outlook cautious. 7 sources. https://clstr.news/cluster/ethereum-stabilizes-near-17k-as-bulls-aim-to-reclaim-key-support ### 2026-06-13: Bitmine Immersion Technologies Lists Preferred Stock on NYSE, Announces Dividends Bitmine Immersion Technologies announced its 9.5% Series A perpetual preferred stock will list on NYSE under BMNP on June 16 2026, with an initial dividend of $0.316667 per share payable June 22 and a second $0 3 sources. https://clstr.news/cluster/bitmine-immersion-technologies-lists-preferred-stock-on-nyse-announces-dividends ### 2026-06-12: Ethereum faces price pressure as Bitmine scales back large ETH purchases amid broader crypto market gains Bitmine’s >5.5 M ETH holdings (≈4.6 % supply) may halt aggressive buying, threatening ETH price, while Bitcoin sits at $63.8 k and Ethereum at $1.67 k with record staking tightening supply. 3 sources. https://clstr.news/cluster/ethereum-faces-price-pressure-as-bitmine-scales-back-large-eth-purchases-amid-broader-crypto-market- ### 2026-06-11: BitMine nears 5% of Ethereum supply with $205 million purchase BitMine bought 25,000 ETH (~$41 M), lifting its holdings to about 5.54 M ETH (~4.6% of supply) and edging toward a 5% target, even as Ethereum’s price fell 44% this year and the firm faces large unrealized net‑ 2 sources. https://clstr.news/cluster/bitmine-nears-5-of-ethereum-supply-with-205-million-purchase ### 2026-06-11: Ethereum price holds above $1,500 as bearish pressure builds Ethereum hovers above $1,500 support; a drop below could lead to $1,260, while a $700 Delta Price signals deeper risk. Bitmine owns ~4.6% of supply; the foundation holds 0.16% and prioritises longevity. 4 sources. https://clstr.news/cluster/ethereum-price-holds-above-1500-as-bearish-pressure-builds ### 2026-06-09: Bitmine expands Ethereum holdings despite $10 billion unrealized loss Bitmine added 25,000 ETH, raising its holdings to 5.54 million (≈4.6 % of supply) despite over $10 billion in unrealized losses and cites AI‑driven demand and staking revenue. 2 sources. https://clstr.news/cluster/bitmine-expands-ethereum-holdings-despite-10-billion-unrealized-loss ### 2026-06-08: BitMine expands Ethereum holdings with largest purchase of the year BitMine bought 126,971 ETH, raising its holdings to 5.5 million (≈4.6% of supply) despite a $9.7 bn unrealized loss, citing fundamentals and AI‑driven demand. 6 sources. https://clstr.news/cluster/bitmine-expands-ethereum-holdings-with-largest-purchase-of-the-year ### 2026-06-08: Ethereum price falls to 7‑year low amid volatility and whale trading Ethereum drops to a 7‑year low near $1,500‑$1,600; institutional funds fail to stabilize, a major whale sells $188 M then buys back lower, BitMine adds $214 M, and a short‑liquidation imbalance hints at a short 11 sources. https://clstr.news/cluster/ethereum-price-rebounds-above-1600-as-market-sentiment-improves ### 2026-06-07: Ethereum price nears $1,600 support; potential rebound to $1,800‑$1,950 Ethereum fell to $1,600, triggering a TD Sequential buy signal; support could spur a rise to $1,800‑$1,950. Bitmine holds 5.42 M ETH and seeks SEC approval for a dividend‑bearing Series A preferred stock. 2 sources. https://clstr.news/cluster/ethereum-price-nears-1600-support-potential-rebound-to-18001950 ### 2026-06-07: BitMine raises $273M, buys ETH, hits 92% of accumulation goal BitMine raised $273 million via a preferred‑stock offering and bought 127,000 ETH, reaching 92% of its accumulation target and expanding its $9.6 billion crypto treasury. 2 sources. https://clstr.news/cluster/bitmine-raises-273m-buys-eth-hits-92-of-accumulation-goal ### 2026-06-05: Bitmine Immersion Technologies secures $280 million Series A preferred stock to expand Ethereum infrastructure Bitmine Immersion Technologies priced a $280 million Series A perpetual preferred stock offering at $80 per share, earmarking the funds for Ethereum‑related GPU infrastructure and staking expansion. 2 sources. https://clstr.news/cluster/bitmine-immersion-technologies-secures-280-million-series-a-preferred-stock-to-expand-ethereum-infra ### 2026-06-04: Bitmine Immersion Technologies Launches $300M Series A Perpetual Preferred Stock Offering Bitmine Immersion Technologies is raising about $300 million via a 9.5% Series A perpetual preferred stock, pricing at $80 per share for 3.5 million shares, to fund further ETH purchases, staking infrastructure 8 sources. https://clstr.news/cluster/bitmine-launches-300m-preferred-stock-to-fund-ethereum-staking ### 2026-06-03: Bitmine expands Ethereum holdings, targeting 5% of supply despite price dip Bitmine now holds over 5.4 M ETH (~$10.5 B), aiming for 5 % of supply by 2026, and keeps buying despite a price dip. 5 sources. https://clstr.news/cluster/bitmine-immersion-expands-ethereum-holdings-despite-9-bn-paper-loss ### 2026-05-30: Bitmine adds over 25,000 ETH to its treasury, pushing holdings toward 5% of supply Bitmine bought 26,497 ETH ($53 m) and earlier 25,000 ETH ($50.5 m), raising its holdings to 5.4 million ETH (~4.5 % of supply) as it targets >5 % by year‑end, highlighting strong institutional confidence. 4 sources. https://clstr.news/cluster/bitmine-adds-over-25000-eth-to-its-treasury-pushing-holdings-toward-5-of-supply ### 2026-05-26: BitMine acquires 111,942 ETH for $237 million, now holds about 4.5% of supply BitMine bought 111,942 ETH for $237 million, raising its stake to about 4.5% of total supply and signaling strong institutional conviction amid weak prices. 3 sources. https://clstr.news/cluster/bitmine-acquires-111942-eth-for-237-million-now-holds-about-45-of-supply ### 2026-05-26: Ethereum price drop threatens Bitmine's $10 billion paper loss Ethereum fell below $2,100, with $1,600 as key support. Bitmine's 5.28 million ETH stake could incur up to $10 billion unrealized loss, though staking yields $289 million annually. 5 sources. https://clstr.news/cluster/ethereum-price-drop-threatens-bitmines-10-billion-paper-loss ### 2026-05-23: BitMine added to Russell indices as its Ethereum holdings drive market‑cap surge BitMine (BMNR) joins the Russell 3000 and is slated for Russell 1000 after its market cap tops $5.7 bn, driven by its 5.3 m ETH holdings, boosting institutional exposure to the crypto‑linked stock. 2 sources. https://clstr.news/cluster/bitmine-added-to-russell-indices-as-its-ethereum-holdings-drive-marketcap-surge ### 2026-05-23: BitMine adds $126 M of Ethereum, eyes Russell 1000 index inclusion BitMine bought $126 M of ETH, raising its holdings to over 5.2 M ETH and positioning the firm for inclusion in the Russell 1000, linking crypto treasury moves to mainstream equity indexes. 2 sources. https://clstr.news/cluster/bitmine-adds-126-m-of-ethereum-eyes-russell-1000-index-inclusion ### 2026-05-18: BitMine boosts Ethereum holdings amid price dip BitMine bought $151 million of ETH as prices fell, raising its total to 5.28 million ETH and betting on a crypto spring. 5 sources. https://clstr.news/cluster/bitmine-boosts-ethereum-holdings-amid-price-dip ### 2026-05-14: Ethereum and Bitcoin Hover Near Critical Support Levels Ethereum steadies near $2.2k support amid ETF outflows, while Bitcoin slides below $78k, testing $74.9k support and $82k resistance. 30 sources. https://clstr.news/cluster/ethereum-slides-near-2200-as-bitmine-adds-197-million-of-eth ### 2026-04-28: Bitmine Immersion Technologies reports record ETH holdings, assets total $13.3 billion BMNR reports a record ETH stake of 5.078 million tokens and total crypto and cash assets of $13.3 billion as of April 29, 2026. 2 sources. https://clstr.news/cluster/bitmine-immersion-technologies-reports-record-eth-holdings-assets-total-133-billion ### 2026-04-17: BitMine stock confronts Ethereum-driven losses amid strategic shift to staking BitMine reports Ethereum-related losses while pursuing staking-driven growth with high margins. 2 sources. https://clstr.news/cluster/bitmine-stock-confronts-ethereum-driven-losses-amid-strategic-shift-to-staking ### 2026-04-11: Blue Sky Capital Expands Holdings in BitMine Immersion Technologies, Inc. Blue Sky Capital boosts BitMine stake 340.5% to 95,799 shares in Q4 13F filing. 2 sources. https://clstr.news/cluster/blue-sky-capital-expands-holdings-in-bitmine-immersion-technologies-inc --- Cite as: BitMine nears 5% ETH supply target via staking and buybacks. CLSTR, https://clstr.news/situations/bitmine-gains-investor-backing-reports-ethereum-losses-and-announces-record-crypto-holdings