Bitmine Reveals $15.8 Billion in Crypto Holdings Amid Rising ETH Price
Bitmine Immersion Technologies, Inc., a blockchain technology infrastructure company, announced it holds $15.8 billion in crypto, cash, and marketable securities.
The company's Ethereum (ETH) holdings represent 4.9% of the total ETH coin supply, which is 122 million ETH.
As of September 13, 2026, Bitmine's crypto holdings include 5.96 million ETH tokens, valued at $12.7 billion, and a stake in Eightco (NASDAQ: ORBS) worth $98 million.
The company's chairman, Thomas 'Tom' Lee, stated that the price ratio of ETH to Bitcoin (BTC) has moved up during crypto bull cycles, driven by increasing use of Ethereum relative to Bitcoin.