{"id":31648,"date":"2026-08-18T13:01:56","date_gmt":"2026-08-18T12:01:56","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/08\/18\/bitmine-buys-9926-eth-targets-5-percent-ethereum-supply\/"},"modified":"2026-08-18T13:02:02","modified_gmt":"2026-08-18T12:02:02","slug":"bitmine-buys-9926-eth-targets-5-percent-ethereum-supply","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitmine-buys-9926-eth-targets-5-percent-ethereum-supply\/","title":{"rendered":"Bitmine Surges Toward 5% of Ethereum’s Total Supply After Massive 9,926 ETH Purchase"},"content":{"rendered":"\n

Bitmine Immersion Technologies<\/strong> has just added 9,926 ETH<\/strong> to its treasury, crossing a symbolic milestone in its accumulation strategy. The company backed by Tom Lee<\/strong> is closing in at breakneck speed on a target that very few institutional players have ever dared to put on the table.<\/p>\n\n\n\n

With 5.82 million ETH<\/strong> now in its portfolio, Bitmine stands at 96% of its goal<\/strong>: controlling 5% of Ethereum’s total supply<\/strong>. An ambition that is redefining what a crypto treasury strategy looks like at institutional scale.<\/p>\n\n\n\n

Behind the raw numbers lies a structured investment thesis<\/strong>, growing pressure on ETH’s circulating supply<\/strong>, and market implications that few analysts have yet fully priced in.<\/p>\n\n\n\n

Unprecedented ETH Accumulation in the Corporate World<\/h2>\n\n\n\n

Bitmine Immersion Technologies<\/strong> is establishing itself as one of the most aggressive players in the race to accumulate Ethereum. Every week, the company makes consistent purchases, methodically building a position that now exceeds 5.82 million ETH<\/strong>. To reach the threshold of 5% of total supply<\/strong>, it still needs approximately 230,000 ETH<\/strong> \u2014 a gap its current buying pace could close within a matter of weeks.<\/p>\n\n\n\n

\"Bitmine<\/figure>\n\n\n\n

The strategy echoes what MicroStrategy<\/strong> did with Bitcoin<\/strong>, but with an added dimension: Ethereum generates yield through staking<\/a>. By locking ETH into validators, Bitmine can earn an annual staking yield<\/strong> of between 3% and 5%, turning its treasury into a productive asset. This is a fundamentally different financial logic from simply holding a passive store of value.<\/p>\n\n\n\n

Tom Lee<\/strong>, co-founder of Fundstrat<\/strong> and a widely respected voice on Wall Street<\/strong>, lends rare institutional credibility to this approach. His backing signals that the Ethereum thesis has moved well beyond the speculative realm and into the territory of long-term strategic allocation<\/strong>, firmly grounded in the network’s fundamentals.<\/p>\n\n\n\n

What Are the Implications for the ETH Market?<\/h2>\n\n\n\n

Bitmine’s massive accumulation is exerting mechanical pressure on Ethereum’s circulating supply<\/strong>. With 5.82 million ETH<\/strong> locked inside a corporate treasury \u2014 and potentially deployed into staking \u2014 those tokens are effectively removed from the liquid market. Combined with the EIP-1559 burn mechanism<\/strong> that destroys a portion of transaction fees, the impact on available supply is becoming increasingly significant.<\/p>\n\n\n\n

From a price action<\/strong> perspective, this level of institutional concentration can act as a psychological support floor. Markets are gradually pricing in the fact that a major player is consistently absorbing supply, which structurally reduces selling pressure. During periods of low volatility, this kind of dynamic can set the stage for a bullish breakout<\/strong> if retail or institutional demand accelerates in parallel.<\/p>\n\n\n\n

One question that on-chain<\/a> analysts are beginning to raise: if Bitmine does reach 5% of total supply<\/strong>, what impact will that have on Ethereum’s decentralization<\/strong>? Concentrating such a large share of supply in the hands of a single corporate entity raises legitimate questions about governance<\/strong> and protocol resilience<\/strong> \u2014 a topic the Ethereum community will need to address as institutional treasury strategies continue to multiply.<\/p>\n\n\n\n

Bitmine: A Pioneer of the Institutional ETH Trend?<\/h2>\n\n\n\n

Bitmine’s approach could well become a blueprint for others. Since the approval of spot Ethereum ETFs<\/a> in the United States, institutional interest in ETH has structurally strengthened. Companies such as SharpLink Gaming<\/strong> and a growing number of specialist funds are beginning to add ETH to their balance sheets, but none have set a target as explicit as Bitmine’s 5%<\/strong>.<\/p>\n\n\n\n

This institutional accumulation race<\/strong> is unfolding against a backdrop of broadly favorable market sentiment<\/strong> toward Ethereum: the transition to Proof-of-Stake<\/strong>, the rapid rise of Layer 2 networks<\/a>, and the growing adoption of DeFi<\/strong> all reinforce the fundamental thesis. Institutional investors seeking exposure to the Web3<\/strong> ecosystem without taking on more volatile assets find in ETH a compelling balance of yield, liquidity, and network utility.<\/p>\n\n\n\n

If Bitmine crosses its 5% target<\/strong>, it will send a powerful signal to the entire market: Ethereum is no longer just a tool for developers or traders, but a fully fledged strategic reserve asset<\/strong> for publicly listed companies.<\/p>\n\n\n\n

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