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Seagate says most nearline capacity is allocated through 2028 and Western Digital is sold out for 2026. Filecoin pitches its spare storage as an alternative.

BitMine, chaired by Tom Lee, staked another 159,728 ETH ($390.6 million), lifting its staked Ethereum to 5.23 million ETH, or 86.5% of its holdings.

Bitmine added 12,532 ETH last week, lifting its Ethereum treasury to about 6.03 million ETH, or 4.9% of supply, as Chairman Tom Lee signals purchases will stop at 5%.