Bitmine Immersion Technologies expanded its Ethereum treasury by 42,197 ETH over the past week, raising its total holdings to 5.74 million ETH, or approximately 4.8% of the total ETH supply, according to a Monday press release.

The company’s balance sheet assets, including crypto, cash, marketable securities and strategic investments, have surpassed $11 billion. In addition to Ether, Bitmine owns 206 Bitcoin, $527 million in cash and marketable securities, and investments in Beast Industries and Eightco Holdings valued at a combined $251 million.

“We continue to maintain a steady pace of accumulation throughout 2026,” Chairman Thomas “Tom” Lee said in a statement. “We believe we are in the early stages…