Crypto

Bitmine's Ethereum Holdings Soar to 5.96 Million Tokens

Guavy AI Editorial Team Published September 15, 2026

Instruments

BTC ETH

Bitmine Immersion Technologies (BMNR) has announced its Ethereum holdings now exceed 5.96 million tokens, representing 4.9% of the total ETH coin supply of 122.0 million.

The company's crypto and cash holdings have reached $15.8 billion, with a significant portion held in staked Ethereum through its institutional-grade platform MAVAN (Made in America VAlidator Network).

Bitmine has been actively accumulating ETH, with the last acquisition of 27,180 tokens taking place just over a week ago.

Institutional investors such as ARK's Cathie Wood and Pantera are among those supporting Bitmine's goal to acquire 5% of the total ETH supply.

According to Tom Lee, Chairman of Bitmine, Ethereum's strengthened position as the settlement rails for Wall Street tokenization is driving up its price ratio with Bitcoin (BTC).

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