Bitmine controls nearly 5% of Ethereum, surpasses 6M ETH
6.6 Investments Bitmine now holds over 6 million ETH, nearly 5% of Ethereum’s supply, valued at $16.2B. Over 5 million ETH are staked, and total assets have reached $17.2B.
Bitmine Immersion Technologies has surpassed 6 million ETH in holdings, now controlling about 4.9% of Ethereum’s circulating supply, valued at approximately $16.2 billion. The company has been purchasing Ethereum weekly since June 2025, with its latest acquisition of 17,362 ETH bringing it 98% of the way to its goal of owning 5% of all ETH. Over 5 million of Bitmine’s ETH holdings are staked, generating an annualized yield of 2.62%. This staking activity is projected to bring in between $211 million and $357 million in annualized revenue. Bitmine’s total assets, which include crypto, cash, marketable securities, and equity stakes, have reached $17.2 billion. The company’s staking platform, MAVAN, is utilized for both its own treasury and external investors. Bitmine’s accumulation strategy mirrors that of other large-scale digital asset treasuries, positioning it as the largest corporate holder of Ether globally.
