Bitmine Reaches New Milestone in Ethereum Holdings

Bitmine Immersion Technologies (BMNR) has announced that its Ethereum holdings now stand at 5.98 million tokens, representing a significant milestone in its long-term investment strategy.

The company's total crypto and cash holdings have reached $17.1 billion, with 4.9% of the total ETH coin supply under its control.

Bitmine has been steadily accumulating Ethereum since June 2025, with a consistent buying strategy that has seen it purchase ETH every week.

Institutional investors such as ARK's Cathie Wood and Pantera have shown support for Bitmine's goal of acquiring 5% of the total ETH supply.