BitMine Immersion Technologies · Ethereum · CLARITY Act · Polymarket · Bitcoin.com News
Bitmine Picks up 71,672 ETH in One Week as Tom Lee Targets 5% of Ethereum Supply
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Bitmine Immersion Technologies now holds 5.28 million ethereum tokens worth more than $11.5 billion, putting the company within reach of controlling 5% of the entire ETH supply.
Key facts
- The Norwalk, Conn.-based company reported the figures as of May 18, 2026, disclosing total crypto, cash, and “moonshot” holdings of $12.6 billion
- Bitmine Immersion Technologies now holds 5.28 million ethereum tokens worth more than $11.5 billion, putting the company within reach of controlling 5% of the entire ETH supply
- Of the 5.28 million ETH held, the company has staked 4,712,917 tokens, valued at $10.3 billion
- The company remains the largest ethereum ( ETH ) treasury in the world and ranks second globally among all crypto treasuries, behind Strategy Inc
Summary
Bitmine holds 5.28M ETH at 4.37% of total supply, targeting 5% of the 120.7M token float by end of 2026. BMNR staking 4.7M ETH generates $289M in annualized revenue at a 2.80% seven-day yield. Tom Lee says CLARITY Act odds exceed Polymarket’s 61% estimate, which could unlock Wall Street ETH products. The Norwalk, Conn.-based company reported the figures as of May 18, 2026, disclosing total crypto, cash, and “moonshot” holdings of $12.6 billion.