Bitmine Immersion Technologies has made a significant purchase of Ethereum, aiming for 5% control of the total currency supply, reshaping market dynamics.
Bitmine's Ethereum Acquisition Strategy
In September 2025, Bitmine Immersion Technologies purchased 276.8K ETH, increasing its assets in this direction to over 2.1 million ETH, with a total value exceeding $9.2 billion. This scheme aims to control 5% of total Ethereum supply, which could alter many market aspects.
Market Impact and Pricing
Following this acquisition, Ethereum’s price increased by 3%, while trading volumes rose by 38%, indicating growing investor interest. This purchase also influenced speculation associated with the increase in open positions in futures. This reflects a resurgence of interest from institutional players, supported by rising net inflows into Ethereum-based ETFs.
Future Projections
Analysts anticipate that this deal will have a long-term impact on the supply structure and valuation of Ethereum. This event may inspire other institutions to adopt similar strategies. Financial experts point out that this purchase will strengthen Ethereum’s position as a leading asset in the cryptocurrency market. As Chairman Thomas Lee remarked, Bitmine is focused on the 'alchemy of 5%'—the ambition to secure 5% of ETH supply as a market strategy, which will help maintain prices.
The acquisition of 276.8K ETH by Bitmine Immersion Technologies is a significant step towards changing the Ethereum market, likely attracting further attention from institutional investors and speculators.
