Bitmine Immersion Technologies (BMNR) disclosed on April 20, 2026, that it acquired 101,627 ETH in the prior week—the largest weekly purchase since mid-December 2025. This brought its total holdings to 4,976,485 ETH (about 4.98 million), or roughly 4.12% of Ethereum’s total supply of around 120.7 million ETH.

Bitmine, chaired by Fundstrat’s Tom Lee, continues its aggressive Ethereum accumulation strategy and has staked a significant portion of its holdings through its MAVAN platform. The company also reported broader crypto and cash holdings exceeding $12 billion.

This update aligns with the firm’s long-term “Alchemy of 5%” target for Ethereum supply ownership. Multiple sources, including the company’s press release and major crypto outlets, confirm the figures.