--- title: "Bitmine adds 10,452 ETH, reaching 4.95% of Ethereum supply" description: "Bitmine Immersion Technologies added 10,452 ETH, taking its holdings to 6,051,933 ETH, or 4.95% of Ethereum's 122.2 million token supply, Decrypt reported. The NYSE-listed firm also repurchased 2.04 million of its own shares at an average price of $22.48, bringing its 2026 buybacks to 22.9 million…" language: en canonical: "https://whycoinmoves.com/en/events/ethereum-tom-lee-insists-crypto-bull-897e81c861e4a4" published: 2026-10-26T14:14:01.000Z updated: 2026-10-26T15:44:04.000Z indexable: true --- # Bitmine adds 10,452 ETH, reaching 4.95% of Ethereum supply Bitmine Immersion Technologies added 10,452 ETH, taking its holdings to 6,051,933 ETH, or 4.95% of Ethereum's 122.2 million token supply, Decrypt reported. The NYSE-listed firm also repurchased 2.04 million of its own shares at an average price of $22.48, bringing its 2026 buybacks to 22.9 million… Attributed sources: [The Block](), [Decrypt]() ## Key facts Bitmine Immersion Technologies added 10,452 ETH, taking its holdings to 6,051,933 ETH, or 4.95% of Ethereum's 122.2 million token supply, Decrypt reported. The NYSE-listed firm also repurchased 2.04 million of its own shares at an average price of $22.48, bringing its 2026 buybacks to 22.9 million shares for about $399.6 million. The Block reported Bitmine's combined crypto, cash, marketable securities and other investments totaled $15 billion as of Oct. 25. Evidence strength: Multiple publishers, 2 publisher group(s) (The Block, Decrypt). After site detection, observed returns were 5 minutes: +0.47% (difference from BTC +0.20 pp; 26/10/2026, 14:14 → 26/10/2026, 14:19, UTC; Gate · USDT); 1 hour: +0.73% (difference from BTC +0.11 pp; 26/10/2026, 14:14 → 26/10/2026, 15:14, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.46% (OKX · USDT; cutoff 26/10/2026, 14:14, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | +0.47% | +0.27% | +0.20 pp | 26/10/2026, 14:14 → 26/10/2026, 14:19 | Gate · USDT | | 1 hour | +0.73% | +0.62% | +0.11 pp | 26/10/2026, 14:14 → 26/10/2026, 15:14 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.20% | | 99th percentile of absolute hourly returns | 1.46% | | BTC beta | 1.23 | | Source / cutoff (UTC) | OKX · USDT / 26/10/2026, 14:14 | ## Claims and open questions - Bitmine added 10,452 ETH, lifting its holdings to 6,051,933 ETH, worth roughly $14.3 billion at a reference price of $2,356 per coin, or 4.95% of Ethereum's 122.2 million token supply, per Decrypt. - Bitmine repurchased 2.04 million of its own shares at an average price of $22.48, bringing its 2026 total to 22.9 million shares bought back for about $399.6 million, the company said, according to Decrypt. - Bitmine's combined crypto, cash, marketable securities and other investments totaled $15 billion as of Oct. 25, The Block reported. - What specific holdings, beyond the 215 Bitcoin, $514 million in cash and marketable securities, $180 million Beast Industries stake and $76 million Eightco Holdings position cited by Decrypt, make up the $15 billion total as of Oct. 25? - Would confirm Bitmine's exact Ethereum balance and staking status through an exchange notice, regulatory filing or on-chain data? ## Source evidence - [Tom Lee insists ‘crypto bull market is underway’ as Bitmine adds 10,452 ETH]() — The Block; published 26/10/2026, 14:12; received 26/10/2026, 14:14 (UTC). - [Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks]() — Decrypt; published 26/10/2026, 15:36; received 26/10/2026, 15:37 (UTC). ## Recent ETH events and market reactions - [Ethereum delays Glamsterdam Hoodi testnet fork over gas security flaws]() — Published 23/10/2026, 04:59 (UTC) · Multiple publishers (3 publishers) · Project updates · 5m +0.18% / 1h +0.24% / 24h -0.77% - [Ethereum developers postpone Glamsterdam upgrade on Hoodi testnet]() — Published 22/10/2026, 00:00 (UTC) · Official source (1 publisher) · General news · 5m -0.08% / 1h +0.06% / 24h +1.03% - [Draft plan aims to cut Ethereum finality time to about four minutes]() — Published 22/10/2026, 12:14 (UTC) · Single source (1 publisher) · Regulation · 5m +0.05% / 24h -0.30% - [Drift exploit-linked wallets move Ether into Tornado Cash]() — Published 20/10/2026, 12:38 (UTC) · Multiple publishers (2 publishers) · Security · 5m +0.01% / 1h -0.15% / 24h +2.97% - [Cysic suspends bridge after minted tokens moved to Ethereum]() — Published 18/10/2026, 16:07 (UTC) · Single source (1 publisher) · Security · 5m -0.01% / 1h +0.40% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Best time to trade crypto: volatility by hour and time zone]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()