Bitmine's latest weekly purchase of 27,562 ETH brings its holdings to 5,983,940 ETH, worth about $16.3 billion, or over 4.9% of Ethereum's circulating supply of roughly 122.1 million ETH — 98% of its 5% target. Total crypto, cash, and other investments stand at $17.1 billion. Chair Tom Lee said a crypto bull market began in late June, driven by rotation from AI, tokenization and AI fundamentals, and the end of the 4-year cycle. Bitmine has staked 5.07 million ETH ($13.8 billion), with projected annualized staking revenues of $357 million. It trails only Strategy's 846,000 BTC among public crypto treasury companies.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of

Related on X BitMine surpasses 6 million ETH and nears its 5% supply target · 2 accounts · first post

BMNR reaction
i
Price change from this article’s publication to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
+6.0% 24h after publication

$27.70 → $29.37
BTC +2.1% same window

ETH reaction
i
Price change from this article’s publication to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
+1.7% 24h after publication

$2,735 → $2,782
BTC +2.1% same window

TradersTrader calls tracked by Elfa · not advice

Positioning · BMNR

Open74 open positions · 72 long · 2 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 22 Sep 05:11 UTC.

Reaction since publication

Since 22 Sep 05:11 UTC2 calls opened · 2 long · 0 short

Callers with a scored record

@GroupFinom long · entry $28.48alpha −0.028 · 56% hit rate · 81 scored
@AIStockSavvy long · entry $28.24alpha −0.127 · 37% hit rate · 74 scored

Alpha, hit rate and sample size exactly as Elfa reports them.

Whole equity market, not this story

Crowding95th percentile · vs last 28 days, 50 typical
Pulse 24h91/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book95.2% long · 3,477 accounts

As of 22 Sep 05:00 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquidas of

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