Grab EXTRA 10% OFF all Tangem products. Till Oct 25Bitmine nears 5% of Ethereum supply with $15.8B in assets
6.6 Investments Bitmine now holds 5.96 million ETH, or 4.9% of supply, after acquiring 27,180 ETH last week. Total assets reach $15.8B, with most ETH staked and annualized staking income projected at $334M.
Bitmine Immersion Technologies has expanded its Ethereum holdings by acquiring 27,180 ETH over the past week, bringing its total to approximately 5.96 million ETH. This amount represents 4.9% of Ethereum's total supply of 122 million coins. The company’s combined assets—including crypto, cash, marketable securities, and "Moonshots" investments—now total $15.8 billion. Of Bitmine’s ETH holdings, 5,067,309 ETH are staked, valued at $12.7 billion, with a projected annualized staking income of $334 million. The company has been steadily accumulating ETH since June 30, 2025, aiming to reach 5% of Ethereum’s total supply. In addition to ETH, Bitmine holds 212 BTC, stakes in Beast Industries and Eightco Holdings, and $549 million in cash and marketable securities. Advisers expect a potential upward move for ETH in the coming weeks, citing recent trading patterns and the ETH/BTC ratio reaching its highest level since January 30, highlighting Ethereum’s growing role in financial tokenization.
