Bitmine Dominates Ethereum Holdings with $12B+ Stash

Bitmine Immersion Technologies, Inc. has announced its significant holdings in Ethereum (ETH) and other digital assets. As of August 30, 2026, the company owns 5.90 million ETH tokens, representing 4.9% of the total ETH supply.

The value of Bitmine's ETH holdings is approximately $12.7 billion at a price of $2,511 per ETH. Additionally, the company has staked 5,067,309 ETH on the MAVAN platform, earning an annualized staking reward of $390 million when fully scaled.

Bitmine's total assets under management are valued at $15.6 billion, including cash and marketable securities worth $541 million. The company also has a stake in Eightco Holdings (NASDAQ: ORBS) worth $81 million and a stake in Beast Industries worth $180 million.