Bitmine Surpasses 6 Million ETH Holdings, Reaches $17.2 Billion Total Value

Bitmine Immersion Technologies (BMNR) has made significant strides in its Ethereum holdings, reaching over 6 million tokens. The company's total crypto and cash marketable securities holdings now stand at $17.2 billion.

According to the latest announcement from Bitmine, their ETH holdings represent 4.9% of the total ETH coin supply of 122.1 million. This milestone has been achieved in under 15 months, with the company nearing its goal of acquiring 5% of the ETH supply.

The recent acquisition of 17,362 ETH demonstrates Bitmine's consistent strategy of buying crypto every week since June 30, 2025. As stated by Chairman Thomas 'Tom' Lee, 'Bitmine has staked more ETH than other entities in the world.' The company's own staking operations have generated a 7-day yield of 2.62% (annualized).

Notably, Bitmine's total staked ETH stands at 5,067,309 ($13.7 billion at $2,698 per ETH), with MAVAN serving as the premier Ethereum staking destination for institutional investors and Bitmine.