{"id":569844,"date":"2026-03-16T20:53:48","date_gmt":"2026-03-16T20:53:48","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/16\/bitmine-speeds-pace-of-ethereum-buys-boosting-treasury-to-4-6m-eth\/"},"modified":"2026-03-16T20:53:48","modified_gmt":"2026-03-16T20:53:48","slug":"bitmine-speeds-pace-of-ethereum-buys-boosting-treasury-to-4-6m-eth","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/16\/bitmine-speeds-pace-of-ethereum-buys-boosting-treasury-to-4-6m-eth\/","title":{"rendered":"Bitmine speeds pace of Ethereum buys, boosting treasury to 4.6M ETH"},"content":{"rendered":"

\"Bitmine<\/p>\n

About two-thirds of the company\u2019s tokens are currently staked, generating an estimated $180 million in annualized revenue.<\/p>\n

Bitmine Immersion Technologies has accelerated the pace of its Ether purchases in recent weeks, chairman Tom Lee said Monday, following the company\u2019s over-the-counter purchase of 5,000 ETH directly from the Ethereum Foundation.<\/p>\n

Lee said<\/a> Bitmine added 60,999 Ether (ETH) over the past week, up from a recent weekly average of about 45,000 to 50,000 ETH.<\/p>\n

The purchases bring the publicly traded company\u2019s Ethereum treasury to 4.596 million ETH, giving Bitmine control of about 3.81% of the token\u2019s total supply. The company said its combined crypto holdings, cash and other investments total about $11.5 billion.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

About two-thirds of the company\u2019s tokens are currently staked, generating an estimated $180 million in annualized revenue. Bitmine Immersion Technologies has accelerated the pace of its Ether purchases in recent weeks, chairman Tom Lee said Monday, following the company\u2019s over-the-counter purchase of 5,000 ETH directly from the Ethereum Foundation. Lee said Bitmine added 60,999 Ether […]<\/p>\n","protected":false},"author":1,"featured_media":569845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-569844","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/569844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=569844"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/569844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/569845"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=569844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=569844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=569844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}