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Bitmine Adds 10,399 ETH as $4B Buyback Plan Lifts Ethereum Treasury Again
['Kelvin Munene']
MoneyCheck
TLDRBitmine held 5.8 million ETH, representing 4.8% of Ethereum’s total supply on August 2, 2026.
Bitmine staked 4.9 million ETH, projecting $247 million in annualized staking revenue from MAVAN operations.
Bitmine Expands Ethereum TreasuryBitmine said its crypto holdings included 5,797,813 ETH at $1,880 per token.
BitMine Adds 10,399 ETH, Holdings Reach 5.8M ETH BitMine said it acquired 10,399 ETH over the past week, bringing total holdings to 5,797,813 ETH, or about 4.8% of supply.
Lee said the company has bought ETH every week since launching its Ethereum Treasury Strategy on June 30, 2025.