The NYSE-listed firm continues its weekly buying spree as part of a strategy to control 5% of Ethereum's circulating supply. The NYSE-listed company, trading under ticker BMNR, has been on a methodical buying spree since launching its Ethereum treasury strategy on June 30, 2025. Prior weekly purchases include batches of 9,946 ETH, 27,801 ETH, and 35,138 ETH. AdvertisementTom Lee, the Fundstrat co-founder who serves as chairman, has been the driving force behind the treasury strategy. To fund the buying spree, BitMine raised $274 million through preferred stock offerings in early June 2026 specifically to have capital for buying more Ethereum.