Bitmine's Crypto Holdings Reach $15.8 Billion Amid Ethereum Bull Run

Bitmine Immersion Technologies, Inc., a blockchain technology infrastructure company, announced on September 14, 2026, that its crypto holdings and total cash and marketable securities amount to $15.8 billion.

The majority of this figure comes from Bitmine's Ethereum (ETH) holdings, which are comprised of 5,956,378 ETH tokens valued at $2,513 per token, totaling approximately $12.7 billion. This accounts for a significant 4.9% of the total ETH supply of 122 million.

Bitmine's Chairman, Thomas 'Tom' Lee, stated that 'the price ratio of ETH to BTC has moved up during crypto bull cycles, driven by increasing use of Ethereum relative to Bitcoin.' He also mentioned that Wall Street tokenization and agentic-AI using blockchains are driving this upcoming cycle.

Bitmine's track record in buying crypto is unmatched by any public company, with the company having bought ETH every week since June 30, 2025. The company's total staked ETH stands at 5,067,309 tokens, generating an annualized staking revenue of $334 million.