Bitmine Surpasses 6 Million ETH Holdings, Total Crypto Holdings Reach $17.2 Billion
Bitmine Immersion Technologies (BMNR) has announced that its Ethereum holdings have surpassed 6 million tokens. This milestone comes just 15 months after the company began accumulating ETH, and it represents a significant achievement in the company's goal of acquiring 5% of the total ETH supply.
The company's total crypto, cash, and marketable securities holdings now total $17.2 billion, including over 6 million ETH tokens and $672 million in total cash and marketable securities. Bitmine's holdings include a significant stake in Eightco (NASDAQ: ORBS), which provides indirect exposure to OpenAI.
Bitmine's Chairman, Tom Lee, stated that the company's track record of consistent buying of crypto is unmatched by any public company in the world. He also noted that Bitmine has bought ETH every week since the inception of its ETH Treasury Strategy on June 30, 2025.
The company's staked ETH stands at 5,067,309, generating a 7-day yield of 2.62% (annualized) and projected annual staking revenues of $424 million.