Bitmine's Ethereum Holdings Reach 5.9 Million Tokens, Valued at $15.6 Billion
Bitmine Immersion Technologies, Inc., has reported its cryptocurrency holdings to be valued at $15.6 billion as of August 30, 2026.
The company's Ethereum (ETH) holdings account for 4.9% of the total ETH supply, with a value of approximately $2.511 per token based on Coinbase pricing.
Bitmine acquired 53,501 ETH over the past week and has been purchasing ETH for 65 consecutive weeks since launching its ETH Treasury Strategy on June 30, 2025.
The company's staked Ethereum (ETH) holdings through its MAVAN platform total 5,067,309 ETH, valued at $12.7 billion at current prices.