and
tags. We'll translate the text inside.
Let's translate:
Title: "BitMine Hits 97% of 5% Ethereum Goal, Stakes $12.4B in ETH" -> "BitMine достигает 97% от цели в 5% Ethereum, ставит $12.4 млрд в ETH" but we need to be natural. Maybe: "BitMine достиг 97% от цели в 5% Ethereum, разместив $12,4 млрд в ETH" but "stakes" means staking, so "стейкинг" is common. Let's do: "BitMine достиг 97% от цели в 5% Ethereum, разместив в стейкинге $12,4 млрд в ETH" but that's long. Alternatively: "BitMine достиг 97% от плана по 5% Ethereum, застейкав $12,4 млрд в ETH". I'll go with: "BitMine достиг 97% от цели в 5% Ethereum, застейкав $12,4 млрд в ETH" but "застейкав" is slang. Better: "BitMine достиг 97% от цели в 5% Ethereum, разместив $12,4 млрд в ETH в стейкинге". Let's keep it concise: "BitMine достиг 97% от цели в 5% Ethereum, застейкав $12,4 млрд в ETH" - but "застейкав" is not standard. I'll use "стейкинг" as noun: "BitMine достиг 97% от цели в 5% Ethereum, стейкинг $12,4 млрд в ETH" - that's not grammatical. Better: "BitMine достиг 97% от цели в 5% Ethereum, разместив $12,4 млрд в ETH в стейкинге". That's fine.
But we need to translate the whole content. Let's do it step by step.
Original content:
BitMine's Ethereum treasury reached 5,847,611 ETH on August 23, roughly 4.8% of the total supply. The company says it's now 97% through its "Alchemy of 5%" plan to hold 5% of all ETH. And most of that stack is already working: more than 5.07 million ETH is staked, worth about $12.4 billion.
That's 87% of BitMine's entire Ethereum treasury sitting in staking. At a 7-day annualized yield of 2.67%, the position generates roughly $330 million a year in revenue. If the whole portfolio moves through its institutional staking platform, MAVAN, the projected annualized revenue climbs to $381 million.
Buying pace picks up
Last week's purchase was 32,447 ETH, a clear step up from the previous two weeks, which came in at 10,270 and 9,926 ETH. At the time of the buy, total holdings were worth $14.3 billion with ETH trading at $2,440.
The acceleration suggests BitMine isn't easing off as it closes in on the 5% mark.
Ethereum's weekly surge
Ethereum jumped 30% in seven days, from about $1,900 to a brief high above $2,500. That's the biggest weekly gain since May 2025. Tom Lee highlighted that the two previous comparable rallies, in July 2021 and May 2025, were followed by gains of 167% and 170% respectively. No guarantee the pattern repeats, but it puts BitMine's buying in a rising market.
The final stretch
The remaining 3% of the target is the next marker. The next few weekly numbers will show whether BitMine keeps up the aggressive cadence or throttles back as it nears the finish line.
BitMine's Ethereum treasury reached 5,847,611 ETH on August 23, roughly 4.8% of the total supply. The company says it's now 97% through its "Alchemy of 5%" plan to hold 5% of all ETH. And most of that stack is already working: more than 5.07 million ETH is staked, worth about $12.4 billion.
That's 87% of BitMine's entire Ethereum treasury sitting in staking. At a 7-day annualized yield of 2.67%, the position generates roughly $330 million a year in revenue. If the whole portfolio moves through its institutional staking platform, MAVAN, the projected annualized revenue climbs to $381 million.
Buying pace picks up
Last week's purchase was 32,447 ETH, a clear step up from the previous two weeks, which came in at 10,270 and 9,926 ETH. At the time of the buy, total holdings were worth $14.3 billion with ETH trading at $2,440.
The acceleration suggests BitMine isn't easing off as it closes in on the 5% mark.
Ethereum's weekly surge
Ethereum jumped 30% in seven days, from about $1,900 to a brief high above $2,500. That's the biggest weekly gain since May 2025. Tom Lee highlighted that the two previous comparable rallies, in July 2021 and May 2025, were followed by gains of 167% and 170% respectively. No guarantee the pattern repeats, but it puts BitMine's buying in a rising market.
The final stretch
The remaining 3% of the target is the next marker. The next few weekly numbers will show whether BitMine keeps up the aggressive cadence or throttles back as it nears the finish line.
