The largest public holder of ether, Bitmine Immersion Technologies, has acquired 7,391 ETH worth about $14 million over the past week. This is a third less than a week earlier, when the purchase volume was 10,399 ETH. Now the total stock of the corporation has reached 5,805,238 coins, and the average purchase price of one ether is $1,928. This volume corresponds to 4.8% of the total ETH supply. The company's management is implementing the "Alchemy 5%" plan, which has already been completed by 96%. To achieve the cherished goal, the company still needs to purchase about 229,800 ETH, which, at the current moderate pace of purchases, may take about 31 weeks. The corporation has been replenishing its stocks every week since June last year. In June 2026, Bitmine acquired ETH for $214 million, and in July, for another $49 million, amid the growth of the Robinhood Chain, a second–tier solution for scaling the Ethereum network.

The total value of all Bitmine assets rose to $11.6 billion, up from $11.3 billion in a week. A significant part of the increase was provided by the increase in the ether exchange rate, which rose in price by 2.6% in seven days. The company actively uses its digital assets to generate passive income by placing 5,067,309 ETH in staking via the MAVAN platform. The share of blocked funds increased to 87% from 85% a week earlier. Management expects annual revenue from staking in the amount of $ 257 million, based on a weekly yield of 2.63%.

In addition to ether, Bitmine's portfolio includes 209 bitcoins, as well as shares in the media company Beast Industries for $ 180 million and in the holding company Eightco Holdings for $ 69 million. Another $104 million is placed in cash and securities. Tom Lee, Chairman of the Board of Directors, previously explained the weakness of the crypto market by the rapid development of artificial intelligence, where investors' capital is flowing. Despite the temporary cooling of the market, Bitmine continues to hold the status of the largest corporate holder of ether, and its long-term accumulation strategy remains unchanged.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.