Bitmine's Ethereum Holdings Reach Record High

Bitmine Immersion Technologies (BMNR) has announced that its Ethereum holdings have reached 5.81 million tokens, representing approximately $11 billion in value at current prices.

The company's total crypto and cash holdings now stand at $11.6 billion, with Bitmine holding a significant portion of the global ETH supply, comprising 4.8% of the total 120.7 million tokens.

Bitmine has been actively purchasing Ethereum in recent months, with the company repurchasing over 19 million shares since July 2026 under its $4 billion share repurchase program.