NewsHK
Institutional adoption of digital-asset treasury strategies moved further along the maturity curve this week.
In its July president's message, Bitmine Immersion Technologies (BMNR) reported holding 4.8% of total Ethereum ($ETH) supply, citing a total supply figure of 120.7 million, and reaching 96% of its "Alchemy of 5%" accumulation goal within 12 months of setting it.
The company's inclusion in the Russell 1000 Large-cap index on June 26, 2026 placed that position inside a benchmark that institutional mandates track.
The 5% thesis and the "Uncanny Valley of Wealth" The July message framed Bitmine's strategy in distinctive terms.
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