# BitmineAddsAnother25KEther


Bitmine Just Scooped Up Another 25,000 ETH – Because Weak Hands Sell, Strong Hands Accumulate

On-chain data from June 10 shows Bitmine quietly added 25,000 ETH – that's roughly $42 million at current prices.

And here's the kicker: they bought it while ETH was trading below $1,700.

Not panic. Not selling. Just loading the truck.

Total holdings now sit at a staggering 5.42 million ETH – about 4.5% of the entire circulating supply. Over 85% of that is staked, pulling in an estimated $230 million per year in staking income alone.

Chairman Tom Lee put it simply:

"The pullback does not reflect Ethereum's strengthening fundamentals."

Bitmine isn't stopping here. They're publicly pushing toward a 5% supply target. At this rate, they might get there sooner than anyone expects.

Whales don't chase green candles. They buy red ones.
ETH-0.86%
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