# BitMineAdds111942ETHInOneWeek

BitMine purchased 111,942 ETH last week, valued at approximately 237 million US dollars, marking its largest single-week buy of 2026. Total holdings have increased to 5.39 million ETH, representing about 4.47 percent of circulating supply and 88 percent of its 5 percent target. Over 4.7 million ETH are staked, generating an estimated 276 million US dollars in annualized staking revenue. Chairman Tom Lee called the ETH pullback below 2,200 US dollars an attractive opportunity. The firm is also expected to join the Russell 1000 Index, potentially attracting passive index fund flows