Bitmine Announces $15.6 Billion Holdings, Holds Nearly Half as Ethereum
Bitmine Immersion Technologies, Inc., a blockchain technology infrastructure company, announced its holdings of $15.6 billion in total assets as of August 30, 2026.
The company's Ethereum (ETH) holdings account for 4.9% of the total ETH supply, with 5,901,112 tokens valued at $2,511 per token.
Bitmine's Chairman, Thomas 'Tom' Lee, stated that ETH is the best performing macro asset in 3Q26 so far, outperforming the S&P 500 by 5,430 basis points.
The company's staked ETH stands at 5,067,309 tokens, representing $12.7 billion at $2,511 per token, and the projected ETH staking reward is $390 million on an annualized basis.