Bitmine Surpasses $17 Billion in Crypto Holdings as Ethereum Stash Hits New Milestone
Bitmine Immersion Technologies (BMNR) has made significant strides in its crypto holdings, reaching over $17.2 billion in total value as of September 27, 2026.
The company's Ethereum holdings now exceed 6 million tokens, representing 4.9% of the total ETH supply of 122.1 million.
Bitmine is 98% of the way to its goal of acquiring 5% of the total ETH supply in just 15 months, a testament to the company's consistent buying strategy.
The company's Chairman, Tom Lee, stated that Bitmine has staked more ETH than any other entity in the world, with projected annualized staking revenues reaching $358 million at current rates.
Bitmine's holdings include 6,001,302 ETH, valued at $2,698 per token, as well as 213 BTC and a stake in Eightco Holdings ORBS, among other assets.