# Bitmine Expands Ethereum Treasury With 12,535 ETH Purchase

- URL: https://stocks.freetheai.org/news/bitmine-expands-ethereum-treasury-with-12-535-eth-purchase-3549ca
- Published: 2026-10-19T12:43:29Z
- Category: crypto; sentiment: bullish; impact: medium
- Symbols: [NYSE:BMNR](https://stocks.freetheai.org/symbols/NYSE-BMNR), [BITSTAMP:ETHUSD](https://stocks.freetheai.org/symbols/BITSTAMP-ETHUSD)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Bitmine Immersion Technologies Inc (NYSE:BMNR) purchased 12,535 Ether over the past week, bringing its total reserve to over 6.04 million tokens. The company now holds 4.9% of the circulating supply of Ether (BITSTAMP:ETHUSD), placing it within 1% of its ultimate 5% target. Bitmine's total portfolio assets, including cash, digital holdings, and strategic investments, stand at $15.1 billion.

The firm continues to generate substantial recurring income from its crypto holdings by staking 84% of its Ether reserve, or roughly 5.07 million tokens. With an annualized seven-day yield of 2.58%, Bitmine expects about $309 million in annual staking rewards, which could increase to $369 million if its entire Ether balance is staked. Despite recent broader market softness driven by macroeconomic uncertainties and geopolitical concerns, management views price pullbacks as opportunities to acquire tokens at favorable risk-reward ratios.

Investors will monitor whether Bitmine achieves its 5% supply target in coming weeks and if market volatility subsides. Key factors to watch include shifts in global bond yields, market sentiment surrounding technology investments, and whether rising adoption in financial infrastructure and artificial intelligence provides long-term momentum for corporate crypto treasury strategies.

## Key points

- Bitmine Immersion Technologies bought 12,535 Ether last week, raising total holdings to 6,041,481 ETH.
- The company now holds 4.9% of Ether's total supply, reaching 99% of its 5% treasury target.
- Bitmine has staked 84% of its Ether holdings, generating an estimated $309 million in annual yield.
- Total company portfolio assets stood at $15.1 billion, including cash, Bitcoin, and strategic stakes.

## Questions and answers

### How much Ether does Bitmine Immersion Technologies hold?

Bitmine holds over 6.04 million Ether tokens, representing 4.9% of the total circulating supply.

### How much income does Bitmine earn from staking Ether?

With 84% of its Ether staked at a 2.58% seven-day yield, Bitmine projects annual staking rewards of approximately $309 million.

### What is Bitmine's ultimate Ether accumulation goal?

Bitmine aims to secure 5% of Ether's total circulating supply and has reached 99% of that objective.