{"id":32664,"date":"2026-09-21T14:25:30","date_gmt":"2026-09-21T13:25:30","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/09\/21\/bitmine-buys-27562-eth-targets-5-percent-ethereum-supply\/"},"modified":"2026-09-21T14:25:36","modified_gmt":"2026-09-21T13:25:36","slug":"bitmine-buys-27562-eth-targets-5-percent-ethereum-supply","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitmine-buys-27562-eth-targets-5-percent-ethereum-supply\/","title":{"rendered":"Bitmine Snaps Up Another 27,562 ETH and Closes In on 5% of Ethereum’s Circulating Supply"},"content":{"rendered":"\n

Bitmine<\/strong> has just announced a massive new purchase of 27,562 ETH<\/strong>, pushing its total holdings to over 4.9% of Ethereum’s circulating supply<\/strong>. The accumulation now exceeds $17 billion<\/strong> and reflects a treasury strategy every bit as bold as MicroStrategy<\/strong>‘s approach to Bitcoin<\/strong>.<\/p>\n\n\n\n

Meanwhile, Tom Lee<\/strong> \u2014 co-founder of Fundstrat<\/strong> and one of Wall Street<\/strong>‘s most closely followed voices on crypto \u2014 has made an unambiguous statement: “The crypto bull market is underway.”<\/em> It’s a confluence of signals the market simply cannot ignore.<\/p>\n\n\n\n

When an institutional player concentrates this much ETH<\/strong> on its balance sheet and a leading analyst validates the bullish trend, the question is no longer whether the cycle has arrived \u2014 it’s how far it can go.<\/p>\n\n\n\n

Bitmine: An ETH Accumulation Strategy That Rewrites the Institutional Playbook<\/h2>\n\n\n\n

With $17.1 billion<\/strong> deployed into Ethereum<\/strong>, Bitmine<\/strong> has established itself as the largest institutional holder of ETH<\/strong> in the world, well ahead of any direct competitor. This latest purchase of 27,562 ETH<\/strong> brings the company closer to its stated goal of controlling 5% of Ethereum’s circulating supply<\/strong> \u2014 a threshold that carries both symbolic and strategic weight within the ecosystem.<\/p>\n\n\n\n

The approach draws a direct parallel to MicroStrategy<\/strong>‘s playbook on Bitcoin<\/strong>, but with an added dimension: Ethereum<\/strong> generates yield through staking<\/a>. By holding such a significant share of the supply, Bitmine<\/strong> can theoretically capture substantial passive income in ETH<\/strong>, further reinforcing the economic logic behind the accumulation. Ethereum’s staking yield<\/strong> currently sits at around 3 to 4% annually<\/strong>, which, applied to a portfolio of this size, translates to hundreds of millions of dollars in potential revenue.<\/p>\n\n\n\n

Concentrating a position of this magnitude also raises structural questions about spot ETH market liquidity<\/strong>. Less supply available on exchanges, combined with rising institutional demand, mechanically creates upward pressure on price \u2014 a dynamic that on-chain traders are monitoring closely through metrics such as ETH exchange reserves<\/strong> on CryptoQuant<\/strong>.<\/p>\n\n\n\n

\"Ethereum<\/figure>\n\n\n\n

Tom Lee Validates the Bull Market: What Catalysts Support the Thesis?<\/h2>\n\n\n\n

Tom Lee<\/strong>‘s declaration \u2014 “the crypto bull market<\/a> is underway” \u2014 is far from throwaway commentary. The Fundstrat<\/strong> co-founder has historically delivered accurate calls on Bitcoin<\/strong> cycles, and his current positioning aligns with several converging macro and on-chain signals. The Fed<\/strong> has initiated a monetary easing cycle, global liquidity is rising, and spot Ethereum ETFs<\/strong> have been recording significant net inflows for several consecutive weeks.<\/p>\n\n\n\n

On the technical side, Ethereum<\/strong> has recently broken through key resistance levels, confirming a higher highs \/ higher lows<\/strong> structure that is characteristic of an established bull market. Market sentiment, as measured by the Fear & Greed Index<\/a>, has settled in the “Greed” zone without reaching the euphoric extremes that typically precede major corrections \u2014 a sign of relative health within the current cycle.<\/p>\n\n\n\n

Bitmine’s accumulation is therefore unfolding in a context where institutional smart money<\/strong> is positioning its balance sheets ahead of what it anticipates will be a major expansion phase. When the biggest players are buying quietly and leading analysts are confirming the trend, retail is often already behind the curve<\/a>.<\/p>\n\n\n\n

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