Bitmine Surpasses $15B in Assets as ETH Holdings Reach 5.90 Million Tokens

Bitmine Immersion Technologies has announced its impressive $15.6 billion in total assets, including 5.90 million ETH holdings and a significant stake in Eightco (NASDAQ: ORBS).

The company's ETH holdings account for 4.9% of the total supply of 120.7 million, with Bitmine being 98% of the way to achieving its goal of holding 5% of the total ETH coin supply.

ETH has been the best-performing macro asset in 3Q26 so far, outperforming the S&P 500 by a significant 5,430 basis points. This has led Thomas 'Tom' Lee, Chairman of Bitmine, to believe that institutions will add to their crypto holdings in the final months of 2026.

Bitmine's staking operations have generated a 7-day yield of 2.63%, with its total staked ETH standing at 5,067,309, valued at $12.7 billion at $2,511 per ETH.