Bitmine has officially increased its Ethereum holdings to 6.03 million ETH, securing a significant 4.9% share of the total circulating supply after its most recent $32 million purchase in early 2026. This milestone marks the near-completion of the firm's aggressive accumulation strategy. According to prominent analyst Tom Lee, Bitmine is nearly "done stacking" its position, suggesting that the firm has reached its target exposure ahead of an anticipated massive market upswing.
How much of the Ethereum supply does Bitmine hold after its $32M purchase?
Bitmine now controls 6.03 million ETH, representing 4.9% of the total circulating supply, following its latest $32 million acquisition. This massive accumulation signals that the treasury firm is nearing its holding capacity just as analyst Tom Lee predicts the start of the largest crypto bull market to date.
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