Bitmine bought 𝟰𝟮,𝟭𝟵𝟳 𝗘𝗧𝗛 ($74M) last week, bringing total holdings to 5,742,237 ETH — now 𝟰.𝟴% 𝗼𝗳 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺'𝘀 𝗰𝗶𝗿𝗰𝘂𝗹𝗮𝘁𝗶𝗻𝗴 𝘀𝘂𝗽𝗽𝗹𝘆. Total treasury stands at $11.1B across crypto, cash, and marketable securities, including 4.88M staked ETH worth ~$8.8B. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Institutional accumulation at a scale that directly tightens ETH's liquid supply. Bitmine controls nearly 5% of all ETH — a structural bid that compounds as the staked portion locks supply further. The contrast with Strategy's BTC selling program is stark: two major corporate treasuries moving in opposite directions, one accumulating ETH while the other liquidates BTC. This reinforces the ETH supply-squeeze narrative even as BTC faces sustained selling pressure from Strategy's $1.25B program. The staked position (4.88M ETH) reduces liquid supply, amplifying any demand-side catalysts for ETH. https://www.prnewswire.com/apac/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-74-million-tokens-and-total-crypto-and-total-cash-holdings-of-11-1-billion-302818104.html Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1210(Hupzy (Spot On Chain))