Skip to navigationSkip to main contentSkip to right columnCryptoProwlMon, June 15, 2026 at 8:42 PM GMT+2 1 min readCrypto treasury firm Bitmine Immersion Technologies (NYSE: $BMNR) bought another $136 million U.S. of Ethereum (CRYPTO: $ETH) over the past week. The largest corporate owner of Ethereum acquired 76,881 Ethereum in the last week, worth $136 million U.S. based on ETH's current price.Bitmine now owns 5.62 million ETH worth $10.3 billion U.S. The latest purchase was smaller than the previous week's 126,971 Ethereum acquisition, which was its biggest of 2026.More From Cryptoprowl:Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares SurgeBlockchain Projects Decline 75% As Developers Shift To A.I.Stanley Druckenmiller Says Stablecoins Could Reshape Global FinanceNew York Stock Exchange Invests $600 Million In PolymarketBitmine Chair Tom Lee has said in recent days that the company is likely to slow its ETH purchases as it nears its goal of owning 5% of Ethereum's circulating supply.The latest ETH purchase comes after Bitmine raised $274 million U.S. by issuing preferred stock that offers a 9.5% dividend yield. Bitmine’s Series A Perpetual Preferred Stock will begin trading on the New York Stock Exchange under the ticker symbol “BMNP” on June 16 and pay weekly cash dividends.The preferred stock offers a “good balance sheet diversification” tool for Bitmine, said Lee in a written statement.BMNR stock has fallen 45% this year to trade at $17.30 U.S. per share. Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info