Bitmine Reaches Milestone with 5.9 Million Ethereum Holdings

Bitmine Immersion Technologies (BMNR) has announced its Ethereum holdings have reached an impressive milestone of 5.90 million tokens.

This represents a significant percentage of the total ETH coin supply, which stands at 120.7 million tokens.

In fact, Bitmine owns 4.9% of the total ETH coin supply, and is reportedly 98% of the way to achieving the coveted 'Alchemy of 5%' in just 15 months.

This achievement comes as no surprise given that Ethereum has been the best performing macro asset in 3Q26 so far, outperforming the S&P 500 by a staggering 5,430 basis points.