Ethereum Treasury Bitmine Nears 4% Supply Share After New 71,179 ETH Buy

bitcoinistОпубліковано о 2026-03-31Востаннє оновлено о 2026-03-31

Анотація

Ethereum treasury company Bitmine has purchased an additional 71,179 ETH (worth approximately $146 million) over the past week, increasing its total holdings to 4,732,082 ETH. This represents 3.92% of the total ETH supply, bringing the firm closer to its goal of owning 5%. Bitmine chairman Thomas Lee stated the company is accelerating its accumulation, believing ETH is in the final stages of a "mini-crypto winter." The firm has also staked 66% of its reserves (3,142,643 ETH) to earn passive income. In related news, the Ethereum Foundation has also staked a record $46.2 million worth of ETH. Despite recent market dip below $2,000, ETH has since recovered to over $2,060.

Ethereum treasury company Bitmine has announced that it loaded up on 71,179 ETH over the past week, taking its supply share to 3.92%.

Bitmine Has Continued Its Aggressive Ethereum Accumulation

As announced in a press release, Bitmine participated in additional Ethereum buying during the last week. In total, the firm has added 71,179 ETH with this accumulation spree, worth nearly $146 million right now. The purchase is larger than the recent weekly average for the company. “Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the ‘mini-crypto winter,'” said Thomas “Tom” Lee, Bitmine chairman.

Originally a Bitcoin mining-focused firm, Bitmine pivoted to an Ethereum treasury strategy in mid-2025. Since then, the firm has followed in the footsteps of Michael Saylor’s Strategy, continuously accumulating ETH even as the bearish market shift has occurred.

The sector has faced an especially high degree uncertainty recently with the war situation in Iran. Lee pointed out, however, that crypto has held up well even as the war enters its 5th week, with ETH outperforming equities by 1,160 basis points. In contrast, Gold, the traditional safe-haven, has underperformed by more than 750 basis points. “Crypto is demonstrating itself to be a good ‘war time’ store of value,” noted the Bitmine chairman.

Following the latest addition, Bitmine’s Ethereum reserves have grown to 4,732,082 ETH, equivalent to 3.92% of the cryptocurrency’s total supply in circulation. The firm has set a goal of 5% of the supply, so at the current figure, it’s already over 78% of its way to the target in just eight months.

Lately, Bitmine has also been putting its ETH toward staking to earn some passive income through the Proof-of-Stake (PoS) contract. Unlike BTC, where miners secure the network, ETH is instead protected by stakers, validators who put forward some initial ‘stake’ to take part in consensus-making. Just like how miners earn rewards for mining blocks, stakers also get rewards when they add a block to the chain.

According to the press release, Bitmine has a total of 3,142,643 ETH staked right now, representing 66% of the total reserves held by the company. “Bitmine has staked more ETH than other entities in the world,” said Lee.

Bitmine isn’t the only organization locking its ETH in the PoS contract. As highlighted by Arkham in an X post, the Ethereum Foundation, a non-profit group dedicated to supporting the ETH blockchain, has just transferred $46.2 million worth of the cryptocurrency to the staking deposit contract. “This is more ETH than they have EVER staked before,” explained Arkham.

The transactions to the staking contract made by the Ethereum Foundation | Source: Arkham on X

ETH Price

Ethereum dropped under the $2,000 level earlier, but the coin has opened the new week with recovery back above $2,060.

The trend in the price of the coin over the last five days | Source: ETHUSDT on TradingView

Пов'язані питання

QHow much ETH did Bitmine purchase in the past week, and what is the current value of this purchase?

ABitmine purchased 71,179 ETH in the past week, which is worth nearly $146 million at the time of the announcement.

QWhat is Bitmine's stated goal for its Ethereum supply share, and what percentage has it currently achieved?

ABitmine has set a goal of holding 5% of the total Ethereum supply. It has currently achieved 3.92%, which is over 78% of its target.

QAccording to Bitmine's chairman, how has Ethereum performed compared to equities and gold amidst the recent war uncertainty?

AAccording to Thomas Lee, Ethereum has outperformed equities by 1,160 basis points, while gold, the traditional safe-haven, has underperformed by more than 750 basis points.

QWhat percentage of Bitmine's total ETH reserves are currently staked, and how does this compare to other entities?

A66% of Bitmine's total ETH reserves, or 3,142,643 ETH, are currently staked. The company claims it has staked more ETH than any other entity in the world.

QWhat other major organization was mentioned for staking a significant amount of ETH, and what was notable about their transaction?

AThe Ethereum Foundation was mentioned for transferring $46.2 million worth of ETH to the staking deposit contract. According to Arkham, this was more ETH than they have ever staked before.

Пов'язані матеріали

The Era Has Arrived Where Human Writers Must Prove They Are Not Machines

The article describes an era where AI-generated content is flooding the market, forcing human authors to prove they are not machines. It begins with the example of dozens of AI-written, error-ridden biographies of Henry Kissinger appearing on Amazon within hours of his death, a pattern repeated for other deceased celebrities and even living experts who find fraudulent books under their names. This spam content has exploded, with monthly new book releases on platforms like Amazon reaching 300,000 by late 2025. The issue spans genres, from suspiciously high proportions of AI-written teen romance and self-help books to dangerous, AI-generated foraging guides containing lethal advice. The platforms' automated review systems, designed to catch plagiarism and banned words, are ill-equipped to detect AI-generated text that avoids these pitfalls while being nonsensical or fraudulent. The problem has infiltrated traditional publishing. A major publisher, Hachette, had to recall a bestselling horror novel after AI detection tools suggested 78% of its content was machine-generated. An acclaimed European philosophy book was later revealed to be entirely written by AI under a fake author persona. In response, authors are fighting back. At the 2026 London Book Fair, 10,000 writers published a blank book titled "Don't Steal This Book" containing only their signatures—using emptiness as a protest weapon in an age of AI overproduction. Initiatives like the "Human Author Certification" program have emerged, ironically placing the burden on humans to prove their work is not machine-made. The article warns of a vicious cycle: AI-generated low-quality books pollute the data used to train future AI models, leading to "model collapse" and an ever-worsening flood of digital waste, eroding trust in publishing and devaluing human creativity.

marsbit9 хв тому

The Era Has Arrived Where Human Writers Must Prove They Are Not Machines

marsbit9 хв тому

Strategy CEO Highlights Scenarios Where Company Would Sell Bitcoin — Report

Strategy CEO Phong Le outlined potential scenarios for the company to sell portions of its massive Bitcoin holdings, a departure from its "Never Sell" philosophy. In a CNBC interview, Le stated sales could occur to finance dividend payments for its Perpetual Preferred Stock if doing so increases shareholder value, defined as a rise in "Bitcoin per share." He emphasized a data-driven approach, prioritizing math over ideology. Other reasons include when the company's book value is below market value or to capture tax benefits. As the largest corporate holder with 818,334 BTC (~$65 billion), Strategy has significant annual dividend obligations (~$1.5 billion). Le believes the Bitcoin market's high liquidity (~$60B daily volume) can absorb such sales without major price impact. Bitcoin currently trades around $80,840.

bitcoinist21 хв тому

Strategy CEO Highlights Scenarios Where Company Would Sell Bitcoin — Report

bitcoinist21 хв тому

Crypto Funds See Six Consecutive Weeks of Net Inflows, CLARITY Act Drives $858 Million Influx

Global cryptocurrency investment products recorded a net inflow of $857.9 million last week, marking the sixth consecutive week of positive flows and the largest single-week inflow since April 24, according to CoinShares' latest report. The primary catalyst was legislative progress on the U.S. CLARITY Act, specifically the final compromise text for stablecoin yield provisions, alongside Bitcoin's price breaking above $80,000. U.S.-listed products dominated with $776.6 million in inflows, a significant jump from the prior week's $47.5 million. European markets also saw increased participation. Bitcoin products led with $706.1 million in inflows, while short-Bitcoin products experienced their largest weekly outflow of 2026, indicating unwinding bearish positions. Major altcoins like Ethereum, Solana, and XRP all saw renewed positive flows, with Ethereum reversing its prior week's outflow to attract $77.1 million. Total assets under management (AUM) climbed to $160 billion.

marsbit24 хв тому

Crypto Funds See Six Consecutive Weeks of Net Inflows, CLARITY Act Drives $858 Million Influx

marsbit24 хв тому

Silicon Valley Wang Chuan: How Can You Not Feel Anxious When the Neighbor Lao Wang Earned 30x by Investing in Storage Stocks?

The author explores anxiety, attributing it to the amygdala's stress response, and suggests writing down worries to shift control to the rational prefrontal cortex, easing anxiety more effectively than mere reassurance. The piece then examines a source of financial anxiety in May 2026: a 150% surge in the Philadelphia Semiconductor Index, with storage stock SNDK skyrocketing 38x. The author analyzes the underlying logic behind this boom, tracing it to soaring valuations of AI startups like Anthropic (Anth). Anth's reported $400 billion ARR is scrutinized, revealing that cumulative revenue since founding is only about $108 billion, with the company still losing billions monthly and relying on continuous funding (having raised $723 billion). The author contrasts Anth's $1+ trillion valuation speculation with Berkshire Hathaway's fundamentals ($3.7 trillion revenue, $669 billion profit, $4 trillion cash, $1 trillion market cap), questioning the belief that a loss-making, funding-dependent startup could be worth more than the established giant. The narrative concludes by linking the massive valuations of Anth and OpenAI to a surge in AI industry capital expenditure (capex), which in turn fueled the storage sector's prosperity, setting the stage for a further discussion.

marsbit35 хв тому

Silicon Valley Wang Chuan: How Can You Not Feel Anxious When the Neighbor Lao Wang Earned 30x by Investing in Storage Stocks?

marsbit35 хв тому

The King of Blind Date Attire in Korea: How SK Hynix Made a Comeback Against Samsung?

In South Korea's dating scene, SK Hynix employees are now highly sought after, a status shift fueled by the company's astronomical profits and employee bonuses, projected to reach up to 6.1 million RMB per person by 2027. This marks a dramatic reversal for the long-time second-place player in memory semiconductors, which has now surpassed its rival Samsung in annual operating profit. The turnaround story began in 2008 when a struggling Hynix, emerging from bankruptcy restructuring, took a risky bet by agreeing to develop High Bandwidth Memory (HBM) with AMD. At the time, HBM had no clear market beyond high-end graphics cards and was a costly, complex technology. Major players like Samsung, pursuing its own HMC technology, declined. For Hynix, with only memory as its core business, it was a gamble born of necessity. The pivotal moment came in 2012 when SK Group Chairman Chey Tae-won acquired Hynix. Defying industry downturns, he invested heavily in R&D and fabrication, sustaining the HBM project through over a decade of commercial uncertainty and internal challenges. A key break occurred around 2016-2017 when Samsung faced production issues supplying HBM2 for Google's TPU, allowing SK Hynix to gain a crucial foothold in the data center market. The AI explosion post-ChatGPT in 2022 was the catalyst, turning HBM into a critical bottleneck for AI accelerators like NVIDIA's GPUs. By 2025, SK Hynix captured 62% of the global HBM market, leaving Samsung at 17%. For the first time, its annual operating profit exceeded Samsung's. Analysts point to the "innovator's dilemma" to explain Samsung's miss: its vast, successful business portfolio made it risk-averse, preventing an all-in bet on the initially niche HBM technology. In contrast, SK Hynix, as a challenger with its back against the wall, had no choice but to commit fully. The story highlights how Korea's chaebol system allows for ultra-long-term bets beyond quarterly pressures. However, SK Hynix's lead isn't guaranteed. Samsung is aggressively catching up on HBM4, and challenges like customer concentration (heavy reliance on NVIDIA) and technical hurdles in advanced packaging remain. The narrative underscores a market truth: the greatest alpha often comes from betting on uncertain, long-term directions others dismiss, much like HBM in 2008.

marsbit49 хв тому

The King of Blind Date Attire in Korea: How SK Hynix Made a Comeback Against Samsung?

marsbit49 хв тому

Торгівля

Спот

Ф'ючерси

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни 4 (4).