BitMine plans to stop buying ETH when its holdings reach 5% of Ethereum’s supply, with staking rewards expected to become its main source of new coins. It held 4.97% of Ethereum’s 122.2 million ETH, with roughly 40,000 ETH left to buy at last week’s pace of 9,587 ETH, according to BeInCrypto; that pace would take about four weeks to reach the cap. BitMine reported a $6.3 billion net loss for the fiscal year to August 31, including $6.2 billion in unrealized losses as ETH fell from $4,458 to about $2,467. Staking and validation generated $121.4 million, about 97% of revenue. BitMine held 5,901,837 ETH on August 31 and 6,070,092 on November 8, with 5,227,037 staked through its MAVAN platform, launched in March 2026, and outside providers. It estimates annual staking rewards of $309 million, based on a 2.65% yield and $2,234 per ETH; at ETH’s press-time price of $2,058.31, it estimated about $285 million a year. The annual report says reward rates can fall as more ETH is staked across the network.