Crypto

Bitmine Surpasses $15 Billion in Holdings, Aims for 5% of Ethereum Supply

Guavy AI Editorial Team Published August 24, 2026

Instruments

ETH STRD

Bitmine Immersion Technologies (BMNR) has made significant strides in its Ethereum holdings, reaching 5.85 million tokens, which account for 4.8% of the total ETH coin supply.

The company's crypto and cash holdings now total $14.9 billion, with 5,067,309 staked ETH representing $12.4 billion at a price of $2,440 per ETH.

Bitmine has been actively acquiring ETH every week since June 30, 2025, with the most recent purchase adding 32,447 tokens to its treasury.

The company's Chairman, Thomas 'Tom' Lee, stated that the current upside move in ETH was overdue due to strengthening fundamentals and tailwinds from Wall Street tokenization and agentic-AI.

Bitmine Surpasses $15 Billion in Holdings, Aims for 5% of Ethereum Supply

Bitmine Doubles Down on Ethereum, Adds $81.2 Million Worth of Ether Amid Price Surge

Bitmine Acquires Another 32,447 Ether, Total Holdings Now Over $14.7 Billion

Ethereum Roars Past $2,000 Resistance as ETF Inflows Hit Record Levels