{"id":654870,"date":"2026-09-08T13:53:46","date_gmt":"2026-09-08T13:53:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/09\/08\/bitmine-buys-28k-eth-completes-97-of-treasury-accumulation-goal\/"},"modified":"2026-09-08T13:53:46","modified_gmt":"2026-09-08T13:53:46","slug":"bitmine-buys-28k-eth-completes-97-of-treasury-accumulation-goal","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/09\/08\/bitmine-buys-28k-eth-completes-97-of-treasury-accumulation-goal\/","title":{"rendered":"Bitmine buys 28k ETH, completes 97% of treasury accumulation goal"},"content":{"rendered":"

\"Bitmine<\/p>\n

While Bitmine\u2019s completed 97% of its goal to acquire 5% of Ether\u2019s supply, Tom Lee\u2019s team faces a $5.1 billion unrealized loss on its main treasury asset.<\/p>\n

Bitmine Immersion Technologies, the largest corporate Ether holder, announced another purchase of the second-biggest crypto, bringing the company closer to management\u2019s goal of accumulating 5% of the total supply.<\/p>\n

Bitmine acquired 28,086 Ether (ETH) last week, according to a Tuesday announcement<\/a>, which is currently worth about $69.5 million. The purchase brings Bitmine\u2019s total holdings to 5.93 million Ether acquired at an average price of $2,495 per ETH.\u00a0<\/p>\n

Bitmine reported $15.7 billion in total assets, including $593 million in marketable securities, cash, other crypto holdings and 5.1 million in staked ETH, which is expected to generate $330 million in annualized staking revenue<\/a>.<\/p>\n

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

While Bitmine\u2019s completed 97% of its goal to acquire 5% of Ether\u2019s supply, Tom Lee\u2019s team faces a $5.1 billion unrealized loss on its main treasury asset. Bitmine Immersion Technologies, the largest corporate Ether holder, announced another purchase of the second-biggest crypto, bringing the company closer to management\u2019s goal of accumulating 5% of the total […]<\/p>\n","protected":false},"author":1,"featured_media":654871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-654870","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\/654870","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=654870"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/654870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/654871"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=654870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=654870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=654870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}