Bitmine Surpasses 6 Million ETH Tokens, Totaling Over $17.2 Billion
Bitmine Immersion Technologies (BMNR) has announced its Ethereum holdings have surpassed 6 million tokens, totaling over $17.2 billion in value. The company's total crypto, cash, and marketable securities holdings amount to $17.2 billion, making it one of the largest digital asset treasuries in the world.
In a significant milestone, Bitmine has accumulated nearly 5% of the total ETH coin supply in just 15 months, achieving the 'Alchemy of 5%' goal. As of September 27, 2026, Bitmine's crypto holdings consist of 6,001,302 ETH at $2,698 per ETH (per Coinbase), 213 BTC, a $180 million stake in Beast Industries, and a $115 million stake in Eightco Holdings (NASDAQ: ORBS).
Bitmine's Chairman, Tom Lee, stated that the company's total ETH holdings exceeding 6 million is a 'tremendous achievement.' He added that the outperformance of Ethereum as a macro asset continues to strengthen, with ETH outperforming the S&P 500 by 6,728bp in Q3 2026. Lee will also deliver the keynote at Korea Blockchain Week 2026 on September 30.