Bitmine Immersion Technologies (NYSE: BMNR), chaired by Tom Lee of Fundstrat, added 111,942 ETH last week. This purchase increased its total Ethereum holdings to 5,390,404 ETH as of May 25, 2026. The company, a major public Ethereum treasury holder, made the acquisition during a market pullback.

The holdings now represent approximately 4.47% of Ethereum’s circulating supply. Bitmine is actively staking a significant portion—around 4.7 million ETH—through its in-house operations, generating estimated annual protocol rewards. The firm also maintains substantial cash reserves alongside other assets.

This marks continued accumulation by the company toward its stated goals. Official updates and filings confirm the figures, positioning Bitmine as one of the largest corporate holders of ETH.