---
title: "Bitmine lifts Ethereum treasury to 5.7 million ETH through 'challenging' weekly slide, joins Russell 1000"
url: https://thecoingazette.com/bitmine-lifts-ethereum-treasury-to-5-7-million-eth-through-challenging-weekly-slide-joins-russell-1000/
date: 2026-06-29
modified: 2026-06-29
author: "Coin Gazette Editorial"
description: "Bitmine added 27,084 ETH last week, bringing total holdings to 5.70M coins worth $8.9B as the company hits 94% of its 5% ETH supply target."
categories:
  - "Crypto News"
  - "Ethereum"
tags:
  - "bitmine"
  - "Coins"
  - "Companies"
  - "Crypto Ecosystems"
  - "ETH"
  - "ethereum"
  - "Layer 1s"
  - "Markets"
  - "The Block"
  - "Token Projects"
  - "treasury"
word_count: 25
---

# Bitmine lifts Ethereum treasury to 5.7 million ETH through 'challenging' weekly slide, joins Russell 1000

Bitmine added 27,084 ETH last week, bringing total holdings to 5.70M coins worth $8.9B as the company hits 94% of its 5% ETH supply target.