BitMine / Alchemy of 5%

Active · Beat: Satoshi’s Wire · Last updated Sep 28, 2026, 12:37 p.m. PDT (Los Angeles)

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What’s new

BitMine Immersion Technologies (NYSE: BMNR) printed 6,001,302 ETH after a 17,362 ETH weekly buy — about 4.9% of a 122.1 million circulating supply and still 98% of its Alchemy of 5% goal. Staked ether stays at 5,067,309; aggregate holdings are marked near $17.2 billion. The weekly lot is smaller than the September 22 chapter’s 27,562 ETH clip that closed at 5,983,940 ETH.

Timeline

  1. Sep 28, 2026BitMine tops 6,001,302 ETH after 17,362 weekly buySecond chapter — first six-million ETH print; still ~4.9% of supply / 98% of Alchemy; ~$17.2B aggregate holdings.
  2. Sep 22, 2026BitMine adds 27,562 ETH · 98% of Alchemy of 5%First chapter — stack to 5,983,940 ETH; staked 5,067,309; ~$17.1B aggregate on the Sep 20–21 print.

What’s next

  • Next weekly buy size — return above 27,000 ETH or another slowdown.
  • Any change in the 5,067,309 staked total, or a revised supply denominator that moves the Alchemy finish line.
  • Official announce that Alchemy of 5% has been hit (~6.105 million ETH on the cited denominator).
  • Stop when no new BitMine treasury print ~48h, or Alchemy goal met with no follow-on.

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