Bitmine adds 12,532 ETH to its Ethereum holdings, increasing its treasury to 6.03 million ETH. The firm’s Ethereum position is reported as about 4.9% of total supply, with 84% of the ETH staked.
Both outlets also tie the update to commentary from analyst Tom Lee, who suggests crypto could be approaching what he calls a potentially “largest-ever” bull market. The coverage frames Bitmine’s continued accumulation—sometimes described as “done stacking” or nearly complete—as occurring alongside bullish market expectations, while focusing on the size and staking level of Bitmine’s treasury.