BitMine Surpasses 6 Million ETH Holdings Amid Aggressive Accumulation

BitMine has significantly expanded its Ethereum (ETH) holdings by purchasing 17,362 tokens last week. This purchase brings its total to 6,001,302 ETH, which equates to approximately 4.9% of the overall Ethereum supply.

The company's combined assets now stand at $17.2 billion, including its cash and marketable securities, two equity stakes, and its growing Ethereum treasury.

BitMine has been aggressively accumulating ETH since June 30, 2025, purchasing a new batch of tokens in every weekly update.

The company's goal is to own 5% of the total Ethereum supply, which it claims to be 98% of the way towards achieving. However, reaching this target depends on future purchases and Ethereum's circulating supply at that time.