Bitmine acquires 15,112 Ethereum, raising total to 6.02M ETH

Bitmine Immersion Technologies has bought another 15,112 ETH. The latest purchase lifts the company’s Ethereum stash to roughly 6.02 million coins. The firm, chaired by Fundstrat’s Tom Lee, has turned weekly ETH buying into something close to a ritual. The 5% ownership target it has been chasing is now within reach, and that is the number Lee cares about most. The weekly habit continues The new buy follows Bitmine’s prior weekly disclosure. For the week ending September 27, 2026, the company reported adding 17,362 ETH, which brought its holdings to 6,001,302 ETH. That earlier figure equaled 4.9% of Ethereum’s circulating supply of approximately 122.1 million ETH. The latest 15,112 coins push the company a bit further toward Lee’s 5% goal. Bitmine has been on this path since June 30, 2025, when it launched its treasury program. The company has bought ETH without interruption since then. At the time of the September 27 update, Bitmine said it had reached 98% of a target it calls the “Alchemy of 5%.” It got there in about 15 months. What’s on the balance sheet Using a reference price of $2,698 per ETH, the company valued its Ethereum holdings at an estimated $16.2 billion in that prio...