Bitmine Surpasses 6M ETH, Now Holds 4.9% of Total Supply

Bitmine Immersion Technologies has significantly expanded its Ethereum holdings, surpassing 6 million units. This milestone follows a period of steady accumulation since June 30, 2025, when the company initiated its treasury strategy.

The latest update shows Bitmine added 17,362 ETH between September 21 and September 28, bringing its total to 6,001,302 ETH. At current prices, this is valued at approximately $16.2 billion.

This substantial increase in Ethereum holdings gives Bitmine control of about 4.9% of the total Ethereum supply. The company's treasury now comprises a mix of digital assets, including 213 BTC, $672 million in cash and marketable securities, and $295 million in other investments.