Bitmine boosts ETH holdings, nears 5% supply target
6.6 Investments Bitmine now holds 4.87M ETH (4.04% of supply), with $11.8B in crypto and cash assets. It has staked 3.33M ETH and aims for 5% of the total ETH supply.
Bitmine Immersion Technologies has notably expanded its Ethereum holdings, now controlling about 4.87 million ETH—roughly 4.04% of the total supply. The company recently executed its largest weekly purchase since December 2025, acquiring 71,524 ETH. Of its holdings, Bitmine has staked 3.33 million ETH, generating an annualized revenue of $212 million. The company values its ETH at approximately $10.7 billion, based on a price of $2,206 per token. Including other assets—198 BTC, $719 million in cash, and stakes in Beast Industries and Eightco Holdings—Bitmine’s total crypto, cash, and strategic investments now reach $11.8 billion. Bitmine’s aggressive accumulation strategy has made it the world’s largest corporate Ether treasury and a leading ETH staking entity. Its recent uplisting to the New York Stock Exchange and above-benchmark staking yields underscore its prominent position in the crypto market. The company is targeting 5% of the total ETH supply, with current holdings representing 81% of this goal.
