Bitmine holds about 6.03 million ETH, accounting for 4.9% of the total supply.

On October 12, Bitmine Immersion Technologies (BMNR) announced that, as of the latest statistics, it holds approximately 6.03 million ETH, accounting for about 4.9% of the total ETH supply. Last week, the company increased its holdings by 12,532 ETH, further raising its position above the 6 million mark and leaving it just one step away from its goal of holding 5% of the total ETH supply. In addition to ETH, Bitmine's total assets, including cryptocurrencies, cash, tradable securities, and other investments, amount to approximately $16.2 billion. Among these, the company has staked 5,067,309 ETH, valued at roughly $12.9 billion based on the data from the announcement, representing about 84% of its total ETH holdings. Bitmine Chairman Tom Lee stated that since the launch of the company’s ETH treasury strategy on June 30, 2025, Bitmine has been continuously purchasing ETH every week. He expects that after all company-held ETH is staked through MAVAN and its partners, with the current 7-day yield of 2.61%, the annualized staking income could reach approximately $400 million. Additionally, the company’s perpetual preferred stock BMNP closed at $99.53 per share, above its $80 issuance price. Tom Lee believes that with the rise of tokenization, wealth transfer, and AI-driven demand propelling the crypto market, Bitmine is expected to benefit from the next bull market.