BitMine nears 5% of Ethereum supply with $15.6B in assets

BitMine now holds 5.9M ETH, or 4.9% of supply, after adding 53,501 ETH. With 86% staked, projected annual staking income is $335M. Total assets are valued at $15.6B.

BitMine has maintained its aggressive Ethereum accumulation, adding 53,501 ETH last week and marking 65 consecutive weeks of purchases. As of August 30, 2026, BitMine holds 5,901,112 ETH, which accounts for approximately 4.9% of the total ETH supply. The company is now just 133,900 ETH away from reaching its 5% treasury target. Of its holdings, BitMine has staked 5,067,309 ETH, representing 86% of its total Ethereum. This staking strategy is expected to generate around $335 million in annualized income. BitMine’s total assets, including cryptocurrency, cash, and investments, are valued at $15.6 billion. These moves underscore BitMine’s significant influence within the Ethereum ecosystem and highlight the increasing institutional interest in cryptocurrency.