Bitmine nears 5% of all Ethereum with 6.02M ETH

7.1 Investments

Oct 5, 2026

Bitmine now holds 6.02M ETH, or 4.9% of supply, after a 15,112 ETH purchase. Over 5M ETH are staked. Total assets, including crypto and securities, reach $17.4B.

Bitmine Immersion Technologies has boosted its Ethereum holdings to approximately 6.02 million ETH as of October 4, 2026. This represents about 4.9% of the total Ethereum supply, which stands at 122.1 million tokens. The company added 15,112 ETH in the past week through its ongoing weekly purchase program, bringing it to 99% of its goal to own 5% of all ETH in circulation. Of its holdings, over 5 million ETH are staked, valued at $13.8 billion, generating an estimated annualized staking income of $363 million. Bitmine's total portfolio—including crypto assets, cash, marketable securities, and other investments—is valued at $17.4 billion. Additionally, Bitmine holds 214 Bitcoin, equity stakes in Beast Industries and Eightco Holdings, and $643 million in cash and marketable securities. Since launching its ETH reserve strategy on June 30, 2025, Bitmine has consistently purchased ETH weekly. The company notes its shares have outperformed ETH in the first nine months of 2026 and recently completed a share buyback.