Bitmine reported a $6.3 billion annual net loss as Ether fell. Its SEC filing shows the impact on its Ethereum treasury, cash flow and staking revenue.
Tom Lee says Bitmine will stop buying ETH at 5% of supply. Its 6.02 million ETH treasury leaves an approximate 100,000-token gap, with no firm stop date.
Norway's sovereign wealth fund disclosed an $88.25 million BitMine stake, a 1.16% holding in the Ethereum treasury company, in its first-half 2026 investment data.
Bitmine added 76,881 ETH after a preferred-stock raise, lifting its Ethereum treasury to 5.62 million ETH, or 4.66% of supply.