
🚨 BITMINE WEEKLY UPDATE: 5.8M+ ETH HELD (4.8% of Total Supply!) | $11.6B Treasury & Massive Share Buybacks Continues! 🚀💎🙌
BitMine ($BMNR) just released another massive weekly update.. Added 7,391 $ETH in 7 days, repurchased 3.0M shares this week alone, and total holdings reached $11.6 BILLION! We are now holding 4.8% of all Ethereum in existence.. almost at the "Alchemy of 5%" goal! 🚀🔥
📊 TREASURY BREAKDOWN
🔹 5,805,238 $ETH (Now holding 4.8% of total ETH supply!)
🔹 209 $BTC
🔹 $104M Cash & Marketable Securities
🔹 $180M Beast Industries
🔹 $69M Eightco ($ORBS)
💰 Total Crypto, Cash & Strategic Holdings: $11.6 BILLION
🔥 SHARE BUYBACK ENGINE IN FULL EFFECT
🔹 3.0M $BMNR shares repurchased this week alone!
🔹 19.1M total shares repurchased since July 1st!
Management is aggressively reducing share float while hoovering up $ETH at the same time.. The ETH-per-share ratio is compounding fast! 📈
🧠 WHY THIS IS INSANELY BULLISH FOR $BMNR:
- 4.8% of ALL ETH: We are literally inches away from the 5% target. BitMine is cementing its position as the undisputed #1 institutional Ethereum titan on earth.
- Double Supply Squeeze: Buying back 19.1M shares in just over a month while stacking thousands of ETH weekly creates a massive double-squeeze mechanism on floating supply.
- Strategic Moonshot Upside: Beyond $ETH, $180M in Beast Industries and $69M in Eightco ($ORBS) give us non-linear exposure to high-growth tech ecosystems on top of our mega-crypto treasury!
The treasury is growing.. The float is shrinking..
Are you loading up before we hit the 5% milestone? 🚀💎🙌