Bitmine Reaches 6.02 Million ETH Holdings, Total Holdings Top $17.4 Billion
Bitmine Immersion Technologies (BMNR) has announced that its Ethereum (ETH) holdings have reached 6.02 million tokens, representing 4.9% of the total ETH supply of 122.1 million tokens. This milestone comes as the company's total crypto and cash marketable securities holdings stand at $17.4 billion.
As of October 4, 2026, Bitmine's crypto holdings include 6,016,414 ETH at $2,726 per ETH, 214 BTC, a $180 million stake in Beast Industries, a $117 million stake in Eightco Holdings (ORBS), and total cash and marketable securities of $643 million.
According to Thomas 'Tom' Lee, Chairman of Bitmine, the company's share price has outperformed ETH during the bear market of 2025-2026, with BMNR down 3% while ETH declined 10% in the first 9 months of 2026.
Bitmine's staking operations have generated a 7-day yield of 2.63% (annualized), with projected staking rewards of $431 million on an annualized basis. The company's total staked ETH stands at 5,067,309, representing 84% of its total ETH holdings.