Crypto
Bitmine Cracks $17B with Ethereum Holdings Surpassing 6 Million Tokens
Bitmine Immersion Technologies (NYSE: BMNR) announced its total crypto, cash, marketable securities, and 'moonshot' holdings reached $17.2 billion as of September 27, 2026.
The company's Ethereum position crossed 6 million tokens, with a reference price of $2,698 per token, equal to 4.9% of the total ETH supply of 122.1 million tokens.
Bitmine said it is '98% of the way' to its stated goal of owning 5% of ETH supply, a target it has pursued for 15 months.
The company's holdings also include 213 Bitcoin, a $180 million stake in Beast Industries, a $115 million stake in Eightco Holdings (NASDAQ: ORBS), and $672 million in cash and marketable securities.