Bitmine nears 5% ETH supply with $14.5B portfolio
6.8 Investments Bitmine Immersion Technologies now holds 6,060,506 ETH (4.9% of supply), with 5.2 million staked. Its portfolio is valued at $14.5B, nearing its 5% ETH supply goal.
Bitmine Immersion Technologies has raised its Ethereum (ETH) holdings to 6,060,506 tokens as of November 1, 2026, now representing about 4.9% of the total ETH supply of 122.2 million. Over the past week, the company acquired 8,573 ETH, continuing its weekly accumulation strategy that began on June 30, 2025. Of its ETH holdings, 5,227,037 tokens are staked, valued at $11.8 billion, generating an estimated $358 million in annual staking revenue. Bitmine’s total portfolio—including crypto, cash, marketable securities, and investment stakes—now stands at $14.5 billion. The company also owns 216 Bitcoin, $498 million in cash and marketable securities, a $180 million stake in Beast Industries, and $82 million in Eightco Holdings. Bitmine is close to its goal of owning 5% of the ETH supply, having reached 99% of this target in just 15 months. Its staking operations are managed through MAVAN, and it claims to be the world’s largest Ethereum treasury and the second-largest crypto treasury overall.
