Bitmine Reveals $15.6 Billion Crypto Holdings with 4.9% Stake in Ethereum Supply
Bitmine Immersion Technologies, Inc., a blockchain technology company, has reported its cryptocurrency holdings as of August 30, 2026. The total value of these holdings is $15.6 billion.
The company's Ethereum holdings are the largest component, totaling 5,901,112 tokens valued at $2,511 per token based on Coinbase pricing. This represents 4.9% of the total ETH supply of 120.7 million tokens.
Bitmine acquired 53,501 ETH over the past week and has purchased ETH for 65 consecutive weeks since launching its ETH Treasury Strategy on June 30, 2025. The company's Chairman, Thomas Lee, stated that they have been acquiring ETH each week since the inception of their treasury strategy.
Through its MAVAN platform, Bitmine has staked 5,067,309 ETH, valued at $12.7 billion at current prices. This represents 86% of the company's total Ethereum holdings and yields a 7-day annualized staking yield of 2.63%, with projected annualized staking revenues of $335 million.